Net income attributable to shareholders increased by 20% to €304m for Q3 16 versus Q3 15. Gross written premiums declined by 4% to €4.2bn for Q3 16 versus the same period last year. At constant exchange rates, it would have been a decrease of around 2%. Net premiums were down by 5.5% to €3.6bn for Q3 16. Net investment income came down by 6% to €402m in Q3 16. Total revenues declined by 5% to €4.0bn in Q3 16. Insurance claims decreased by 2% to €2.8bn for Q3 16 v
10 Nov 2016
Strong Q3 profit and boring 2017 targets released
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Strong Q3 profit and boring 2017 targets released
Hannover Rueck SE (HNR1:WBO) | 0 0 0.2% | Mkt Cap: 13,386m
- Published:
10 Nov 2016 -
Author:
Dieter Hein -
Pages:
2
Net income attributable to shareholders increased by 20% to €304m for Q3 16 versus Q3 15. Gross written premiums declined by 4% to €4.2bn for Q3 16 versus the same period last year. At constant exchange rates, it would have been a decrease of around 2%. Net premiums were down by 5.5% to €3.6bn for Q3 16. Net investment income came down by 6% to €402m in Q3 16. Total revenues declined by 5% to €4.0bn in Q3 16. Insurance claims decreased by 2% to €2.8bn for Q3 16 v