Hannover Re FY net income rises 42%
Hannover Re, the German (re)insurer, said that full year net income rose over 42% to €733.7m, up from €514.4m a year before.
Net earned premiums rose nearly 3 pct to €7.292bn, up from €7.092bn a year earlier.
The combined ratio fell to 99.7% from 100.2%, helped by another year of low catastrophe loss levels.
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