Hannover Re On Track To Achieve 2019 Targets - Quick Facts

(RTTNews) - Hannover Re (HVRRY.PK) said it considers itself well on track to achieve fiscal 2019 targets. Based on constant exchange rates, the company still anticipates a single-digit percentage increase in its gross premium volume and net income in the order of 1.1 billion euros. The Group noted that its result will additionally be positively influenced by a one-time effect from a participating interest of 100 million euros.

Hannover Re expects improved prices and conditions overall for the treaty renewals as at 1 January 2020. The Group is satisfied with the business renewed to date in 2019.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.