Hannover Re cedes a third of Q1 cats to retro partners
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Hannover Re cedes a third of Q1 cats to retro partners

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Hannover Re posted an 8.9 percent downturn in P&C reinsurance operating profits on the back of EUR220mn ($239mn) of Covid-19 losses and an uptick in Australian catastrophe losses, as it recorded significant growth in the April renewals.

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