Pre-tax profit was flat at €383m for Q3 15 compared to Q3 14. Net premiums earned rose by 21.9% to €3.8bn for Q3 15 compared to the same period last year, the increase should be around 10% at constant currency. Net investment income was up by 3% to €426m in Q3 15 compared to Q3 14. Insurance claims rose by 20% to €2.86bn for Q3 15 compared to Q3 14. Total expenses were up by 21.9% to €4.23bn for Q3 15. The tax ratio for Q3 15 was 30% compared to 27% for Q3 14. Net inc
04 Nov 2015
Solid Q3 results, 2016 targets released
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Solid Q3 results, 2016 targets released
Hannover Rueck SE (HNR1:WBO) | 0 0 0.2% | Mkt Cap: 13,386m
- Published:
04 Nov 2015 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit was flat at €383m for Q3 15 compared to Q3 14. Net premiums earned rose by 21.9% to €3.8bn for Q3 15 compared to the same period last year, the increase should be around 10% at constant currency. Net investment income was up by 3% to €426m in Q3 15 compared to Q3 14. Insurance claims rose by 20% to €2.86bn for Q3 15 compared to Q3 14. Total expenses were up by 21.9% to €4.23bn for Q3 15. The tax ratio for Q3 15 was 30% compared to 27% for Q3 14. Net inc