Hannover Re : Solid results expected in Q4 despite the environment
>Satisfactory pricing trend expected at the latest treaty renewals - Hannover Re will provide details on 4 February regarding the renewals on 1 January. Note that these renewals concern the bulk of the group’s traditional P&C reinsurance business (a little over 60%). We estimate that the pricing trend was satisfactory at these renewals, with an average price increase, all told, of around 5-6% (vs +2.3% on average at the group’s renewals on 1 January 2020). Importantly...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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