Net income attributable to shareholders increased by 3% to €273m for Q1 18 versus Q1 17. Net premiums earned were up by 7% to €4.0bn for Q1 18 versus the same period last year. At constant exchange rates, the increase would have been 16%. Net investment income was unchanged at €392m in Q1 18. Total revenues rose by 6% to €4.4bn in Q1 18. Insurance claims were up by 3% to €2.95bn for Q1 18 versus Q1 17. Total expenses rose by 5% to €3.96bn for Q1 18. Pre-tax incom
07 May 2018
Good Q1 figures, strong growth at constant currency
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Good Q1 figures, strong growth at constant currency
Hannover Rueck SE (HNR1:WBO) | 0 0 0.2% | Mkt Cap: 13,386m
- Published:
07 May 2018 -
Author:
Dieter Hein -
Pages:
2
Net income attributable to shareholders increased by 3% to €273m for Q1 18 versus Q1 17. Net premiums earned were up by 7% to €4.0bn for Q1 18 versus the same period last year. At constant exchange rates, the increase would have been 16%. Net investment income was unchanged at €392m in Q1 18. Total revenues rose by 6% to €4.4bn in Q1 18. Insurance claims were up by 3% to €2.95bn for Q1 18 versus Q1 17. Total expenses rose by 5% to €3.96bn for Q1 18. Pre-tax incom