Hannover Re posts healthy profits on the back of ‘long-overdue’ price rises

Jean-Jacques Henchoz, CEO, Hannover Re

Hannover Re says price increases obtained during 1 June and 1 July renewals were in some cases “appreciable”, will continue in the second half and also helped deliver a healthy increase in both premiums and profits at the half-year stage. Gross written premium surged by 17.1% to €11bn. Net premium earned climbed by 12.1% to reach €9.4bn. The operating profit…

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