Net income attributable to shareholders decreased by 15% to €214m for Q2 16 versus Q2 15. Gross written premiums declined by 4% to €4.0bn for Q2 16 versus the same period last year. At constant exchange rates, it would have been a decrease of around 2%. Net premiums were up by 1% to €3.6bn for Q2 16 due to a higher retention ratio. Net investment income was down by 1% to €379m in Q2 16. Total revenues rose by 1% to €4.0bn in Q2 16. Insurance claims declined by 3% to &
04 Aug 2016
Weaker Q2 figures
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Weaker Q2 figures
Hannover Rueck SE (HNR1:WBO) | 0 0 0.2% | Mkt Cap: 13,386m
- Published:
04 Aug 2016 -
Author:
Dieter Hein -
Pages:
2
Net income attributable to shareholders decreased by 15% to €214m for Q2 16 versus Q2 15. Gross written premiums declined by 4% to €4.0bn for Q2 16 versus the same period last year. At constant exchange rates, it would have been a decrease of around 2%. Net premiums were up by 1% to €3.6bn for Q2 16 due to a higher retention ratio. Net investment income was down by 1% to €379m in Q2 16. Total revenues rose by 1% to €4.0bn in Q2 16. Insurance claims declined by 3% to &