Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Hannover Re : 2020 earnings guidance confirmed

>2019 results in line with expectations - Hannover Re yesterday morning reported its detailed 2019 results. We note that the group had already reported its main figures for 2019 on 5 February, when it provided details of its renewals at 1 January. As a reminder, premiums increased by 17.8% in reported terms to € 22.6bn (+15.2% on constant currencies). 2019 net income was € 1.28bn (+21.2%), in line with expectations (initial consensus of € 1.26bn), with an annualised ...
Underlying
Hannover Rueck SE

Hannover is global reinsurance company. Co. operates through two business groups, Non-Life Reinsurance and Life and Health Reinsurance. Non-Life Reinsurance provides structured reinsurance solutions. Co.'s target markets are Germany and North America, and its specialty lines include Marine, Aviation, Credit and Surety, Structured Reinsurance, Insurance-Linked Securities and the United Kingdom, London market and direct business. Non-Life Reinsurance's Global Reinsurance consists of treaty reinsurance worldwide, facultative reinsurance and global catastrophe business. Life and Health Reinsurance provides solutions for life and health reinsurance and financial solutions.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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