• Net premiums earned were up by 7% to €5.4bn for Q3 20
• Hannover Re reserved an additional €200m in anticipated losses related to COVID-19
• Net income decreased by 22% to €265m for Q3 20, comfortably ahead of consensus
• DPS above €4.0 for FY2020 not excluded despite Covid-19 burdens
• Hannover Re released new earnings guidance of more than €800m for FY2020

04 Nov 2020
Good Q3 figures despite Covid-19, new 2020 target

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Good Q3 figures despite Covid-19, new 2020 target
Hannover Rueck SE (HNR1:WBO), 0 | Hannover Rueck SE (HNR1:SWX), 0 | Hannover Rueck SE (HNR1:ETR), 0 | Hannover Rueck SE (0M9A:LON), 0 | Hannover Rueck SE (HVRRF:OTC), 0
- Published:
04 Nov 2020 -
Author:
Dieter Hein - Pages:
-
• Net premiums earned were up by 7% to €5.4bn for Q3 20
• Hannover Re reserved an additional €200m in anticipated losses related to COVID-19
• Net income decreased by 22% to €265m for Q3 20, comfortably ahead of consensus
• DPS above €4.0 for FY2020 not excluded despite Covid-19 burdens
• Hannover Re released new earnings guidance of more than €800m for FY2020