Nov 10 (Reuters) - HANNOVER RUECK SE HNRGn.DE:
GROUP NET PROFIT RISES BY +7.7% TO EUR 2.0 BILLION
REINSURANCE PREMIUM (GROSS) GROWS BY AROUND 7% AFTER ADJUSTING FOR EXCHANGE RATE EFFECTS AND EXCLUDING THE BASE EFFECT OF THE PREVIOUS YEAR
MAJOR LOSSES IN PROPERTY AND CASUALTY REINSURANCE COMFORTABLY WITHIN THE BUDGETED EXPECTED VALUE
RETURN ON INVESTMENT DUE TO ACTIVE LOSS REALISATION AT 2.8%
RETURN ON EQUITY OF 22.0% WELL ABOVE STRATEGIC TARGET
PROFIT TARGET FOR THE FULL YEAR 2025 RAISED TO AROUND EUR 2.6 BILLION
OUTLOOK FOR 2026: GROUP PROFIT OF AT LEAST EUR 2.7 BILLION EXPECTED
Further company coverage: [HNRGn.DE]
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))