Hannover Re posts FY net income of €1.23bn as 1.1 rate momentum slows to 4.1%

German reinsurance giant Hannover Re has reported net income of €1.23bn ($1.39bn) in its preliminary figures for 2021 – up from €883mn in 2020 – with risk-adjusted price increases of 4.1 percent at 1 January driven by rate rises in Europe as well as for catastrophe and cyber covers. 

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204

    andy.stone@wbmediagroup.com