Hannover Re P&C unit swings back to Q2 profit of EUR466mn
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Hannover Re P&C unit swings back to Q2 profit of EUR466mn

Rachel Dalton
05 August 2021
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Hannover Re’s P&C re unit reported Q2 operating profit of EUR466mn ($528mn) compared to a loss of EUR14.9mn last year, as the segment benefited from a significant reduction in large losses.

Underwriting: The combined ratio for the P&C re segment improved by 9.1 points to 95.7%, as large losses as a proportion of net earned premium fell from 12.8

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Rachel Dalton
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