04 Aug 2022

Good Q2 figures, Ukraine burdened, FY2022 targets partly upgraded

- Dieter Hein
- 3 pages

• Net premiums earned were up by 21% to €7.1bn for Q2 22 • Hannover Re reserved €316m for losses related to the Russian/Ukrainian war in H1 22 • Net income attributable to shareholders increased by 6% to €385m for Q2 22 • Treaty renewals up by 20% at 1 July 2022 • Profit guidance for FY2022 confirmed but RoI and premium growth targets upgraded

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Good Q2 figures, Ukraine burdened, FY2022 targets partly upgraded

Hannover Rueck SE (HNR1:ETR) | 0 0 0.0%

Published: 04 Aug 2022
Author: Dieter Hein
Pages: 3

• Net premiums earned were up by 21% to €7.1bn for Q2 22 • Hannover Re reserved €316m for losses related to the Russian/Ukrainian war in H1 22 • Net income attributable to shareholders increased by 6% to €385m for Q2 22 • Treaty renewals up by 20% at 1 July 2022 • Profit guidance for FY2022 confirmed but RoI and premium growth targets upgraded