EQS-Adhoc: Hannover Rück SE: Hannover Re to achieve full-year profit target; operating result 2023 impacted by reserve increase above planned level
Source: EQS
EQS-Ad-hoc: Hannover Rück SE / Key word(s): Annual Results/Preliminary Results Based on preliminary, unaudited financial figures, Hannover Re reached an operating result (EBIT) of An increase in reserves in Property & Casualty reinsurance had a significant impact on EBIT, particularly in the fourth quarter, which led to a much greater increase in the confidence level of reserves than originally planned. According to initial estimates, the resiliency reserve at the end of the 2023 financial year will be significantly higher than the targeted Accordingly, the operating result for Property & Casualty reinsurance reached Group net income increased to Hannover Re will publish the annual report for the 2023 financial year as announced on
End of Inside Information
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Language: | English |
Company: | Hannover Rück SE |
Karl-Wiechert-Allee 50 | |
30625 Hannover | |
Phone: | +49-(0)511-5604-1500 |
Fax: | +49-(0)511-5604-1648 |
Internet: | www.hannover-re.com |
ISIN: | DE0008402215 |
WKN: | 840 221 |
Indices: | DAX |
Listed: | Regulated Market in |
EQS News ID: | 1831723 |
End of Announcement |
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1831723 06-Feb-