Hannover Re : Fairly good resilience expected in the face of the COVID crisis
>Good commercial momentum - Hannover Re is set to publish its Q2 2020 results on Monday 5 August before trading. The group should continue to benefit from good commercial momentum. We expect a rise in premiums of 7.8%e in Q2 2020 vs Q2 2019 to € 5,737m, driven by an expected strong increase in P&C reinsurance premiums (+11.6%e) against a backdrop of hardening price conditions (the price hikes are likely to accelerate in the June/July renewals). We expect a more modera...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.
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.
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