Hannover Re P&C falls to 9M €145mn u/w loss as major losses top €1.1bn

Hannover Re Q3 results

Major loss expenditure of €1.1bn ($1.3bn) in the first nine months of the year has pushed Hannover Re’s P&C reinsurance division to an underwriting loss of €145.8mn, with claims related to the pandemic the main driver of the loss.

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