Picture of Hannover Rueck SE logo

HNR1 — Hannover Rueck SE News Story

0.000.00%
de flag iconLast trade - 00:00
FinancialsConservativeLarge CapNeutral

Brief: Hannover Rueck - Raises Profit Target For FY 2025 To Around Eur 2.6 Bln

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;))

Recent news on Hannover Rueck SE

See all news