Hannover Re : Hannover Re aims to execute on selected growth opportunities
>CMD provided outlook for 2024 and revealed new strategy cycle 2024 to 2026 targets - Hannover Re hosted a CMD where management pointed to the financial targets for 2024 and also revealed targets for the new strategy cycle 2024 to 2026. For 2024 management targets a net profit of = € 2.1bn which is in line with consensus estimate. Other KPIs for 2024 are i) revenue growth >5%; ii) RoI = 2.8%, iii) CoR < 89% in P/C R/I; iv) >€ 850m reinsurance service result in L/H R/...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.