• Net premiums earned were up by 10% to €5.1bn for Q1 20 • Hannover Re reserved €220m for anticipated losses related to COVID-19 • Net income increased by 2.5% to €301m for Q1 20 • Treaty renewals up by 25% at 1 April 2019 • Hannover Re cancelled its net profit target of around €1.2bn for 2020 two weeks ago but dividend for FY2019 confirmed
06 May 2020
Strong Q1 figures in light of COVID-19
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Strong Q1 figures in light of COVID-19
Hannover Rueck SE (HNR1:WBO) | 0 0 0.2% | Mkt Cap: 13,386m
- Published:
06 May 2020 -
Author:
Dieter Hein -
Pages:
3
• Net premiums earned were up by 10% to €5.1bn for Q1 20 • Hannover Re reserved €220m for anticipated losses related to COVID-19 • Net income increased by 2.5% to €301m for Q1 20 • Treaty renewals up by 25% at 1 April 2019 • Hannover Re cancelled its net profit target of around €1.2bn for 2020 two weeks ago but dividend for FY2019 confirmed