Hannover posts profit despite 123.8% non-life COR
Hannover Re has reported an operating profit of Euro 46.1m (Q1 2010 Euro 238.8m) for the first three months of 2011.
However, it added its combined ratio in non-life reinsurance was 123.8% (previous year: 99.3%).
Gross written premium climbed by 10.3% to Euro 3.1bn (Euro 2.9bn) as at 31 March 2011. At constant
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