Hannover Rueck Boosts Quarterly Profit to a Whopping EUR 558 Million

• Hannover Re increased its quarterly profit by 15% to EUR 558 million in Q1 2024
• The reinsurance revenue rose to EUR 6.7 billion
• Large losses in property and casualty reinsurance were within budgeted and booked expectation
• The result in life and health reinsurance was in line with expectations
• The return on investment was ahead of target at 3.3%
• The return on equity reached 21.3% and the guidance for 2024 was confirmed.

The next important date, Publication of Quarterly Report (Cut-off date Q1), at Hannover Rueck is on 14.05.2024.

The price of Hannover Rueck at the time of the news was 235,40EUR and was down -0,08 % compared with the previous day.
15 minutes after the article was published, the price was 233,10EUR this corresponds to a minus of -0,98 % since publication.
At this time, the index DAX was at 18.731,00PKT (+0,05 %).

Hannover Rueck

-1,74 %

+0,02 %

-3,34 %

-4,11 %

+11,65 %

+55,33 %

+65,50 %

+245,99 %

+600,47 %

ISIN:DE0008402215WKN:840221

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