Hannover Re

Opportunities for profitable growth remain in 2024, the agency said.

Being underweight US casualty gives the firm more room than peers to manoeuvre.

The carrier said a tax windfall and better profits made bolstering possible.

The carrier increased premium volume by 6.9% at 1 January.

The carrier faced "significant impact" from a P&C reserve charge on its earnings.

After HannoverRe announced a 2025 CEO transition, here is our last review on the company's successes and challenges ahead

The segment has bounced back from its mid-2022 nadir, but its current zenith is not that much to shout home about.

The carrier also laid out its financial strategy through to 2026 in an investor-day disclosure.

Cat losses were within budgets despite high levels of minor events.

Hannover Re said it was in discussions with retro partners about buying less in 2024.

The firm’s insurance revenue result was pulled down by currency effects among other factors.

As the curtain comes down on the millionth Monte Carlo Rendez-Vous, and the prices in the cafes and restaurants are presumably reset to their customary levels, the conference has again done its main job.