Hannover Re profits hit by major losses in H1 2010 results
Hannover Re has reported that it booked gross written premium totalling €5.7bn as at 30 June 2010, an increase of 8.2% relative to the corresponding period of the previous year.
At constant exchange rates, especially against the US dollar, growth would have come in at 5.7%, it added.
The level of retained premium decreased to 90.3% (93.0%). Net premium earned climbed by 7.9%
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