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Hannover Rueck SE (HNRGn.DE)

HNRGn.DE on Xetra

112.60EUR
11:35am EDT
Change (% chg)

€0.30 (+0.27%)
Prev Close
€112.30
Open
€112.20
Day's High
€112.90
Day's Low
€111.80
Volume
149,449
Avg. Vol
165,675
52-wk High
€122.20
52-wk Low
€94.65

Latest Key Developments (Source: Significant Developments)

Hannover Re Says Div Could Rise On Strong Capitalisation
Tuesday, 13 Mar 2018 02:56am EDT 

March 13 (Reuters) - Hannover Re ::DIVIDEND 3.50 EURPER SHARE FOR 2017.SPECIAL DIVIDEND 1.50 EURPER SHARE FOR 2017.DIVIDEND PAYOUT RATIO FOR 2018 SEEN AT 35-40 PERCENT OF NET INCOME​, COULD RISE IF PRESENT COMFORTABLE LEVEL OF CAPITALISATION REMAINS UNCHANGED.‍2017 GROUP NET INCOME OF EUR 958.6 MILLION​.FY NET PROFIT AT PROPERTY & CASUALTY BUSINESS FELL 11.8 PERCENT TO 837.3 MILLION EUR .‍EXPECTATION OF GROUP NET INCOME IN EXCESS OF EUR 1 BILLION FOR 2018 CONFIRMED​.‍MAJOR LOSS EXPENDITURE OF EUR 1,127.3 MILLION SUBSTANTIALLY HIGHER THAN BUDGETED LEVEL​.‍2017 COMBINED RATIO: 99.8% (93.7%)​.‍WILDFIRES IN CALIFORNIA CAUSED CONSIDERABLE LOSSES OF EUR 101.1 MILLION IN Q4​.‍EXPECTS GROSS PREMIUM FOR TOTAL BUSINESS TO GROW IN CURRENT FINANCIAL YEAR BY A SINGLE-DIGIT PERCENTAGE AT CONSTANT EXCHANGE RATES​.  Full Article

Saga Says Ttrading Continues To Be In Line With Guidance
Monday, 12 Feb 2018 02:00am EST 

Feb 12 (Reuters) - Saga Plc ::NEW 80% QUOTA SHARE AGREEMENT WITH NEWRE AND HANNOVER RE​.QUOTA SHARE ‍COVER 80% OF UNDERWRITING RISK OF MOTOR POLICIES OF GROUP'S IN-HOUSE UNDERWRITER, AICL, TO TAKE EFFECT FROM 1 FEBRUARY 2019​.‍NEW QUOTA SHARE AGREEMENT ADDS HANNOVER RE TO OUR CURRENT REINSURANCE PARTNER NEWRE​.DEAL ‍REPLACES OUR EXISTING QUOTA SHARE ARRANGEMENT WHICH IS DUE TO EXPIRE ON 31 JANUARY 2019​.‍NEW AGREEMENT PROVIDES THREE YEARS OF COVER ON A ROLLING BASIS​.‍TRADING CONTINUES TO BE IN LINE WITH GUIDANCE GIVEN IN DECEMBER 2017​.DEAL ‍CONTINUES TO REDUCE SAGA'S EXPOSURE TO UNDERWRITING RISK WHICH ALLOWS GROUP TO MAINTAIN ITS EFFICIENT CAPITAL STRUCTURE​.  Full Article

Hannover Re 2017 Major Claims Total 1.1 Bln Euros - CEO
Wednesday, 7 Feb 2018 03:02am EST 

Feb 7 (Reuters) - Hannover Re ::CEO SAYS DOESN'T ASSUME THAT PRICE INCREASES WILL ACCELERATE IN NEXT ROUND OF RENEWALS.CEO SAYS 2017 MAJOR CLAIMS TOTALED MORE THAN 1.1 BILLION EUROS, MOST OF WHICH WAS FROM NATURAL CATASTROPHES.  Full Article

Insured losses from storm Friederike in Germany seen at around 800 mln euro - MSK
Friday, 19 Jan 2018 07:44am EST 

Jan 19 (Reuters) - Hannover Rueck SE ::ACTUARY COMPANY MSK SAYS ESTIMATES INSURED DAMAGE FROM STORM FRIEDERIKE IN GERMANY AT AROUND 800 MILLION EUROS.  Full Article

MSK estimates insured losses from storm Herwart in Germany at approx 250 mln eur‍​
Monday, 30 Oct 2017 11:58am EDT 

Oct 30 (Reuters) - :Actuary company MSK says estimates insured losses from storm herwart in germany at around 250 million eur‍​.Actuary company MSK says estimates losses from storms for german insurers at over 1 billion eur so far this year.  Full Article

Hannover Re: want to return to 2015 premium level in U.S.
Thursday, 19 Oct 2017 05:28am EDT 

Oct 19 (Reuters) - Hannover Re :CEO says wants to return to 2015 premium level in U.S. cat cover.CEO says premium hikes of 40-50 percent needed in regions like Florida.  Full Article

Moody's Analytics sees economic cost of Irma at $64-92 billion
Tuesday, 12 Sep 2017 05:24am EDT 

Sept 12 (Reuters) - Moody's Analytics:Says currently estimates the economic cost of hurricane Irma to be approximately $64-92 billion.Says hurricanes Harvey and Irma combined likely to have caused $150-200 billion of damage.Says sees Texas energy industry, Florida tourism to be operating at close to normal by end of September.Says hurricanes' hit to national real GDP growth in Q3 expected to be close to 0.5 percent points.  Full Article

Hannover Re acquires Lloyd's syndicate
Monday, 20 Mar 2017 09:00am EDT 

Hannover Rueck SE : Hannover Re acquires Lloyd's syndicate . Parties have agreed to maintain confidentiality regarding purchase price . In 2016 financial year syndicate 2121 booked gross premium of 280 million pounds ($346.64 million) . Transaction is expected to close in Q3 subject to all necessary approvals .Hannover Re intends to support Argenta on its envisaged growth trajectory.  Full Article

Hannover Re 2016 net profit exceeds its own goal
Tuesday, 7 Feb 2017 01:16am EST 

Hannover Re : Says FY net profit 1.17 billion eur . Says will generate group net income of around eur 1.17 billion (previous year: eur 1.15 billion) for 2016 financial year, above its own target of at least 950 million euros . Says operating profit (EBIT) for 2016 amounts to roughly eur 1.69 billion (eur 1.76 billion) .Says gross premium contracted as expected to eur 16.4 billion (eur 17.1 billion).  Full Article

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Italy's Generali almost at the end of planned asset sales: CEO

AIX-EN-PROVENCE, France Italy's Generali , fresh from agreeing to sell a majority of its German life insurance unit, has almost wrapped up all of its planned disposals as it prepares for a new phase of expansion, Chief Executive Philippe Donnet said on Friday.