Hannover Re : Q2 2021e results should come in close to the normalised run-rate
>We forecast Q2 2021e net attributable profit of € 318m - Hannover Re is due to report Q2 2021 results on 5 August before the market open. We forecast Q2 2021 net attributable profit of € 318m (H1 2021e: € 624m). We believe COVID-19 related losses will decline substantially compared with Q1 2021 driven by the global vaccination campaigns. Our net income estimate implies an annualised ROE of 11.5%.P/C reinsurance drives Q2 2021 result - The P/C reinsu...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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