Hannover Re, the world’s third- biggest reinsurer, has sufficient capital to offer investors a steady dividend and pursue potential purchases, Chief Executive Officer Ulrich Wallin said.
Hannover Re, the world’s fourth- biggest reinsurer, cut its dividend payout after full-year profit fell 19 percent on higher claims from natural disasters.
Hannover Re, the world’s fourth- largest reinsurer, proposed a record dividend after profit rose to the highest in the company’s history as revenue grew and claims from natural disasters declined.
Hannover Re, the world’s third- largest reinsurer, said it expects reinsurance rates at price negotiations for January renewals to remain little changed.
Hannover Re, the world’s fourth- biggest reinsurer, said third-quarter profit fell 40 percent after it didn’t repeat a year-earlier tax gain.
Hannover Re, the world’s fourth- biggest reinsurer, expects rates for property and casualty reinsurance to increase “slightly” when companies renew policies in January, Chief Executive Officer Ulrich Wallin said.
Hannover Re , the world’s third- biggest reinsurer, confirmed its profit forecast for this year after negotiating better-than-expected rates with clients in the January round of renewals.
Hannover Re , Germany’s second- biggest reinsurer, said reinsurance premium rates may fall by between 2 percent and 5 percent in January’s contract renewals as competition drives down prices.
"Both business groups and the investment income fully lived up to our expectations."
- Ulrich Wallin on Nov 04, 2014