Brief: Hannover Re Expects FY 2025 Net Income Of EUR 2.4 Billion

Hannover Rueck SE

11/11/2024 06:34

Nov 11 (Reuters) - HANNOVER RUECK SE  HNRGn.DE :
    * HANNOVER RE RAISES PROFIT TARGET FOR 2024 AND EXPECTS
GROUP NET
INCOME OF AROUND EUR 2.4 BILLION FOR 2025
    * 9M NET INCOME OF EUR 1.8 BILLION
    * FULL-YEAR PROFIT TARGET FOR 2024 RAISED TO AROUND EUR 2.3
BILLION
    * 9M REINSURANCE REVENUE GROWS BY 7.0% ADJUSTED FOR EXCHANGE
RATE
EFFECTS TO EUR 19.7 BILLION
    * 9M RESULT IN LIFE AND HEALTH REINSURANCE IN LINE WITH
EXPECTATIONS
    * 9M THE OPERATING PROFIT (EBIT) WAS BOOSTED BY 33.3% TO EUR
2.4
BILLION (EUR 1.8 BILLION)
    * 9M EARNINGS PER SHARE CAME IN AT EUR 15.13 (EUR 11.60)

Further company coverage:  HNRGn.DE 

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