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Hannover Rueck SE (HNRGn.DE)

HNRGn.DE on Xetra

114.10EUR
18 May 2018
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€114.10
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Mon, May 7 2018

BRIEF-Hannover Re CFO Says Expects Moderate Price Increases In July Renewals

* CFO SAYS EXPECTS MODERATE PRICE INCREASES IN JULY RENEWALS Further company coverage:

Hannover Re reports rise in Q1 profit, raises gross premiums guidance

FRANKFURT, May 7 Hannover Re said on Monday that net profit rose 3.3 percent in the first quarter and raised its guidance for 2018 gross premiums.

UPDATE 1-Britain's Saga signs reinsurance quota share with Hannover Re, NewRe

Feb 12 Saga Plc, a British tourism and insurance group for the over-50s, said it had signed a quota share deal with NewRe and German reinsurer Hannover Re to take on 80 percent of the motor underwriting risk of its in-house underwriter AICL.

Britain's Saga signs reinsurance quota share with Hannover Re, NewRe

Feb 12 Saga Plc, a British tourism and insurance group for the over-50s, said it had signed a quota share deal with NewRe and German reinsurer Hannover Re to take on 80 percent of the motor underwriting risk of its in-house underwriter AICL.

BRIEF-Saga Says Ttrading Continues To Be In Line With Guidance

* QUOTA SHARE ‍COVER 80% OF UNDERWRITING RISK OF MOTOR POLICIES OF GROUP'S IN-HOUSE UNDERWRITER, AICL, TO TAKE EFFECT FROM 1 FEBRUARY 2019​

BRIEF-Hannover Re 2017 Major Claims Total 1.1 Bln Euros - CEO

* CEO SAYS DOESN'T ASSUME THAT PRICE INCREASES WILL ACCELERATE IN NEXT ROUND OF RENEWALS

UPDATE 1-Hannover Re sees 2018 net profit of more than 1 bln euros

* Storms weigh on parent Talanx's bottom line in 2017 (Adds details, background, wraps in Talanx)

Hannover Re sees 2018 net profit of more than 1 bln euros

FRANKFURT, Feb 7 Hannover Re said on Wednesday that it was optimistic for 2018 after treaty renewals at the start of the year showed a stabilization in prices and forecast full-year net profit of more than 1 billion euros ($1.24 billion).

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