Incurred but not reported

DGAP-News: Hannover Re continues profitable premium growth and confirms guidance for 2021

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Thursday, August 5, 2021

Hannover, 5 August 2021: Hannover Re substantially increased its Group net income in the first half of 2021 and considers itself well on track to achieve the targets set for the current financial year.

Key Points: 
  • Hannover, 5 August 2021: Hannover Re substantially increased its Group net income in the first half of 2021 and considers itself well on track to achieve the targets set for the current financial year.
  • In property and casualty reinsurance Hannover Re was again able to significantly boost its premium income.
  • The gross written premium in property and casualty reinsurance showed corresponding vigorous growth of 11.9% to reach EUR 10.3 billion (EUR 9.2 billion).
  • Hannover Re, with gross premium of more than EUR 24 billion, is the third-largest reinsurer in the world.