Hannover Re, the world’s third- biggest reinsurer, said third-quarter profit fell 23 percent on lower investment income, beating analysts’ estimates.
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, 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 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 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 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.
Hannover Re, the world’s fourth- biggest reinsurer, said second-quarter profit rose 29 percent, beating analysts’ estimates, helped by higher investment income.
Munich Re, Swiss Re Ltd. and Hannover Re, the world’s three biggest reinsurers, rose after forecasting stable rates in January price renewals.
"Despite challenging market conditions, and particularly in view of the low interest rate level, we generated group net income of 613 million euros and are thus well on track to achieve our full-year target."
- Ulrich Wallin on Nov 04, 2013