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Hannover Rueck SE (HNRGn.DE)

HNRGn.DE on Xetra

134.70EUR
10:48am BST
Change (% chg)

€0.00 (+0.00%)
Prev Close
€134.70
Open
€134.50
Day's High
€134.80
Day's Low
€133.90
Volume
38,269
Avg. Vol
168,544
52-wk High
€134.80
52-wk Low
€105.20

Latest Key Developments (Source: Significant Developments)

Hannover Rueck: Silke Sehm Joins Executive Board
Wednesday, 6 Mar 2019 

March 6 (Reuters) - HANNOVER RUECK SE ::SILKE SEHM JOINS THE EXECUTIVE BOARD.  Full Article

Hannover Re's E+S Rueck Sees Modest Rate Increases In NatCat
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Hannover Re's E+S Rueck::SAYS SEES SLIGHT RATE INCREASE IN AFFECTED REGIONS IN NATCAT BUSINESS.SAYS AIMS FOR SIGNIFICANT IMPROVEMENT IN CONDITIONS IN INDUSTRIAL BUSINESS, OTHERWISE WE WILL GIVE IT UP.  Full Article

Hannover Re Sees Stable Prices For 2019 Treaty Renewals
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Hannover Re SE ::DGAP-NEWS: HANNOVER RE ANTICIPATES STABLE PRICES AND CONDITIONS FOR 2019 FOLLOWING LAST YEAR'S LARGE LOSS EVENTS.ENORMOUS NATURAL CATASTROPHE LOSSES OF PAST YEAR LED TO AN INCREASE OF REINSURANCE RATES IN AFFECTED REGIONS AND PROGRAMMES, WHICH HOWEVER WERE LOWER THAN EXPECTED. AT LOSS-FREE PROGRAMMES, RATES TEND TO STABILIZE.MARKET ENVIRONMENT IN WORLDWIDE PROPERTY AND CASUALTY REINSURANCE REMAINS CHALLENGING.FOR TREATY RENEWALS AS AT 1 JANUARY 2019 GROUP THEREFORE EXPECTS STABLE PRICES AND CONDITIONS FOR MOST PART.AT LOSS-FREE PROGRAMMES, RATES TEND TO STABILIZE.INDUSTRY-WIDE SOFTENING IN PROFITABILITY AS WELL AS A HIGHER BURDEN OF ATTRITIONAL LOSSES POINT TO A NEED FOR IMPROVED MARKET CONDITIONS.COMPETITION CONTINUES TO BE INTENSE AND IS CLEARLY SHAPING PRICING SITUATION.A GRADUAL SHIFT IN SENTIMENT CAN NEVERTHELESS BE DISCERNED IN INDUSTRY. RESULTS POSTED BY SOME COMPANIES DETERIORATED SHARPLY IN 2017.HANNOVER RE ANTICIPATES INCREASING DEMAND IN, AMONG OTHER AREAS, COVERS FOR CYBER RISKS AS WELL AS SOLUTIONS DESIGNED TO PROVIDE SOLVENCY RELIEF UNDER STRUCTURED REINSURANCE..CONSIDERS ITSELF WELL ON TRACK TO ACHIEVE ITS 2018 YEAR-END TARGETS.ECONOMY AND NORTH AMERICAN PRIMARY INSURANCE MARKET CONTINUE TO DEVELOP FAVOURABLY.HANNOVER RE EXPECTS TO SEE CONTINUED GROWTH ON GERMAN PROPERTY AND CASUALTY PRIMARY INSURANCE MARKET.CONSIDERS ITSELF WELL ON TRACK TO ACHIEVE ITS 2018 YEAR-END TARGETS.  Full Article

Hannover Re Says Div Could Rise On Strong Capitalisation
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Hannover Re ::DIVIDEND 3.50 EURPER SHARE FOR 2017.SPECIAL DIVIDEND 1.50 EURPER SHARE FOR 2017.DIVIDEND PAYOUT RATIO FOR 2018 SEEN AT 35-40 PERCENT OF NET INCOME​, COULD RISE IF PRESENT COMFORTABLE LEVEL OF CAPITALISATION REMAINS UNCHANGED.‍2017 GROUP NET INCOME OF EUR 958.6 MILLION​.FY NET PROFIT AT PROPERTY & CASUALTY BUSINESS FELL 11.8 PERCENT TO 837.3 MILLION EUR .‍EXPECTATION OF GROUP NET INCOME IN EXCESS OF EUR 1 BILLION FOR 2018 CONFIRMED​.‍MAJOR LOSS EXPENDITURE OF EUR 1,127.3 MILLION SUBSTANTIALLY HIGHER THAN BUDGETED LEVEL​.‍2017 COMBINED RATIO: 99.8% (93.7%)​.‍WILDFIRES IN CALIFORNIA CAUSED CONSIDERABLE LOSSES OF EUR 101.1 MILLION IN Q4​.‍EXPECTS GROSS PREMIUM FOR TOTAL BUSINESS TO GROW IN CURRENT FINANCIAL YEAR BY A SINGLE-DIGIT PERCENTAGE AT CONSTANT EXCHANGE RATES​.  Full Article

Saga Says Ttrading Continues To Be In Line With Guidance
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Saga Plc ::NEW 80% QUOTA SHARE AGREEMENT WITH NEWRE AND HANNOVER RE​.QUOTA SHARE ‍COVER 80% OF UNDERWRITING RISK OF MOTOR POLICIES OF GROUP'S IN-HOUSE UNDERWRITER, AICL, TO TAKE EFFECT FROM 1 FEBRUARY 2019​.‍NEW QUOTA SHARE AGREEMENT ADDS HANNOVER RE TO OUR CURRENT REINSURANCE PARTNER NEWRE​.DEAL ‍REPLACES OUR EXISTING QUOTA SHARE ARRANGEMENT WHICH IS DUE TO EXPIRE ON 31 JANUARY 2019​.‍NEW AGREEMENT PROVIDES THREE YEARS OF COVER ON A ROLLING BASIS​.‍TRADING CONTINUES TO BE IN LINE WITH GUIDANCE GIVEN IN DECEMBER 2017​.DEAL ‍CONTINUES TO REDUCE SAGA'S EXPOSURE TO UNDERWRITING RISK WHICH ALLOWS GROUP TO MAINTAIN ITS EFFICIENT CAPITAL STRUCTURE​.  Full Article

Hannover Re 2017 Major Claims Total 1.1 Bln Euros - CEO
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Hannover Re ::CEO SAYS DOESN'T ASSUME THAT PRICE INCREASES WILL ACCELERATE IN NEXT ROUND OF RENEWALS.CEO SAYS 2017 MAJOR CLAIMS TOTALED MORE THAN 1.1 BILLION EUROS, MOST OF WHICH WAS FROM NATURAL CATASTROPHES.  Full Article

Insured losses from storm Friederike in Germany seen at around 800 mln euro - MSK
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Hannover Rueck SE ::ACTUARY COMPANY MSK SAYS ESTIMATES INSURED DAMAGE FROM STORM FRIEDERIKE IN GERMANY AT AROUND 800 MILLION EUROS.  Full Article

MSK estimates insured losses from storm Herwart in Germany at approx 250 mln eur‍​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - :Actuary company MSK says estimates insured losses from storm herwart in germany at around 250 million eur‍​.Actuary company MSK says estimates losses from storms for german insurers at over 1 billion eur so far this year.  Full Article

Hannover Re: want to return to 2015 premium level in U.S.
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Hannover Re :CEO says wants to return to 2015 premium level in U.S. cat cover.CEO says premium hikes of 40-50 percent needed in regions like Florida.  Full Article

Moody's Analytics sees economic cost of Irma at $64-92 billion
Tuesday, 12 Sep 2017 

Sept 12 (Reuters) - Moody's Analytics:Says currently estimates the economic cost of hurricane Irma to be approximately $64-92 billion.Says hurricanes Harvey and Irma combined likely to have caused $150-200 billion of damage.Says sees Texas energy industry, Florida tourism to be operating at close to normal by end of September.Says hurricanes' hit to national real GDP growth in Q3 expected to be close to 0.5 percent points.  Full Article

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Ethiopian crash could be largest non-war aviation reinsurance claim: Willis Re

LONDON Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, hitting reinsurers' profitability, reinsurance broker Willis Re said.