Hannover Re Q3 P&C profit falls 5.2% on heavy cat losses
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Hannover Re Q3 P&C profit falls 5.2% on heavy cat losses

hannover-re-building-2.jpg

Hannover Re has reported a Q3 P&C re operating profit of EUR283mn ($327.5mn), down 5.2% year-on-year, as it exceeded its nine-month budget for both natural catastrophes and man-made disasters.

The carrier reported earnings per share (EPS) for the P&C unit of EUR1.22 for the quarter, down 15.3% on the prior-year period.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article