Net income attributable to shareholders decreased by 2% to €265m for Q1 17 versus Q1 16. Gross written premiums were up by 6.6% to €4.55bn for Q1 17 versus the same period last year. At constant exchange rates, the increase would have been 5.9%. Net investment income increased by 7% to €393m in Q1 17. Total revenues rose by 2% to €3.9bn in Q1 17. Insurance claims were up by 7% to €2.9bn for Q1 17 versus Q1 16. Total expenses rose by 7% to €3.76bn for Q1 17. Pre-t
10 May 2017
Solid Q1 figures, better P&C and weaker life & health results
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Solid Q1 figures, better P&C and weaker life & health results
Hannover Rueck SE (HNR1:WBO) | 0 0 0.2% | Mkt Cap: 13,386m
- Published:
10 May 2017 -
Author:
Dieter Hein -
Pages:
2
Net income attributable to shareholders decreased by 2% to €265m for Q1 17 versus Q1 16. Gross written premiums were up by 6.6% to €4.55bn for Q1 17 versus the same period last year. At constant exchange rates, the increase would have been 5.9%. Net investment income increased by 7% to €393m in Q1 17. Total revenues rose by 2% to €3.9bn in Q1 17. Insurance claims were up by 7% to €2.9bn for Q1 17 versus Q1 16. Total expenses rose by 7% to €3.76bn for Q1 17. Pre-t