Hannover Re Q1 net income soars; beats expectations
Hannover Re, the German (re)insurance giant, said that first quarter net income rose by over 42%, to €216.1m from €151.5m over the same period last year.
The numbers beat concensus analysts' predictions of €158.1m.Net earned premium for the first three months of 2009 to end-March rose to €2.091bn, up from €1.679bn in the same period in 2008.
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