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18 March 2024Reinsurance

Hannover Re ends slow-grow, hard-market year with new reserves, margin gain

Global reinsurer Hannover Re gave a light boost to P&C reinsurance margins for FY2023, despite adding yet another dose to its mass of prudency reserves, uneven top-line growth and the year-long drag from higher retrocession.

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More on this story

Hannover Re can lean on P&C Re to hit tightened growth & profit targets

12 December 2023 Growth will be ‘certainly more pronounced’ on P&C side with ‘significant’ margin gain.

Hannover Re on track in Q3 despite increasing frequency losses

10 November 2023 It said it is on track to achieve its full-year targets.

Hannover Re has warned on rates

12 September 2023 It will return cash to shareholders if market conditions do not match the risk, says CEO Henchoz.

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