Hannover Re’s profits shrink by 35% as P&C business hit by Covid-19
Sarah JollyNovember 5, 2020
Hannover Re has reported a 33% drop in net income to €668m during the first nine months of 2020, after increasing reserves for Covid-19 P&C losses by €100m during Q3 to €700m.
Group operating profit was 35% lower in th...
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Sarah JollyNovember 5, 2020