Insurer: Hannover Rück sees itself on track – quiet hurricane season
The world's third-largest reinsurer presents its third-quarter figures. Despite falling prices, the company is able to maintain its course.
The Hannover Rück has reported a 1% increase in reinsurance revenue to €19.5 billion for the first nine months of 2026, despite falling prices. The company's profit after tax rose by almost 7% to €2.1 billion. Hannover Rück is sticking to its full-year target of a profit of at least €2.7 billion, provided major claims stay within the €2.3 billion reserved for them. The company has so far paid out €1.32 billion for natural catastrophes and other major claims, below the budgeted €1.79 billion.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
