EQS-News: Hannover Re expects Group net income of at least EUR 2.1 billion for 2024 and sets out financial ambition for 2024-2026 strategy cycle
For the 2024 financial year Hannover Re anticipates Group net income of at least EUR 2.1 billion and hence an increase of 24% compared to the earnings guidance for 2023.
- For the 2024 financial year Hannover Re anticipates Group net income of at least EUR 2.1 billion and hence an increase of 24% compared to the earnings guidance for 2023.
- Hannover Re anticipates a combined ratio below 89% in the Property & Casualty reinsurance business group in 2024 owing to the improved market environment.
- In the Life & Health reinsurance business group Hannover Re expects a reinsurance service result of more than EUR 850 million.
- Established in 1966, the Hannover Re Group today has a network of more than 170 subsidiaries, branches and representative offices worldwide.