Hannover Re expects group net income of EUR2.1bn for 2024 and 89% P&C CoR
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Hannover Re expects group net income of EUR2.1bn for 2024 and 89% P&C CoR

Samuel Casey
12 December 2023
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Hannover Re expects to post a group net income of EUR2.1bn ($2.2bn) in 2024 following improvements in the underlying profitability of its reinsurance business.

The carrier said it anticipates a 24% improvement in earnings compared with guidance in 2023, with reinsurance revenues set to grow by 5% at a group level.

The

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Samuel Casey
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