Hannover Rueck SE Registered Shares

HNR1: XETR (DEU)
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Hannover Re Earnings: Full-Year Guidance Raised but Revenue Continues to Fall

With Hannover Re's third-quarter results, we see reinsurance revenue continuing to slide as softening of the reinsurance cycle persists. Reinsurance revenue missed company-compiled consensus as well as operating profit, but stronger underwriting in property and casualty has led to a net income beat.

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