Report
Benoit Valleaux

Hannover Re : Q3 expected to show a profit despite the environment

>Good commercial momentum - Hannover Re is set to publish its Q3 2020 results on Wednesday 4 November. We believe that the group is likely to maintain strong commercial momentum, with an increase in premiums of 9.7%e in the quarter driven by strong expected growth in P&C reinsurance, amid stiffer price increases. The consensus forecast is for more moderate growth in premiums of 7.0%e in the quarter.EBIT affected by COVID costs and major losses - Hanno...
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

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