Hannover Re : The group maintains its guidance for 2021 earnings
>No surprise on 2020 results, guidance for 2021 earnings - Yesterday morning, Hannover Re published its 2020 results. Note that the group reported its preliminary 2020 earnings on 4 February, as such, its key figures for 2020 were already known. As a reminder, Hannover Re generated group net income of € 883m in 2020 (-31.2%), marked by significant COVID claims: € 950m in P&C reinsurance, € 261m in life reinsurance. This substantial COVID charge at the P&C business wa...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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