Hannover Re P&C profit slumps 39% in Q4
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Hannover Re P&C profit slumps 39% in Q4

Aerial view of Hannover at evening. Lower Saxony.

Hannover Re’s P&C reinsurance division saw operating profit fall by 38.5 percent in the fourth quarter to EUR319mn ($360.8mn) following greater-than-budgeted large losses.

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