Shutterstock.com_112302332/Roman Sigaev

13 May 2025Reinsurance

Hannover Re Q1 P&C profit razed by California wildfires

Hannover Re has reiterated its full-year guidance despite first-quarter group net income falling by 13.9% year on year to €480 million ($533 million) due to hefty payouts on the California wildfires.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

QBE Re creates MENA leadership role with Scor hire

14 May 2026 Dubai-based executive to lead regional underwriting strategy expansion.

Shaping culture, careers and change in re/insurance

14 May 2026 From talent retention to workplace culture, women across Bermuda’s re/insurance market are helping drive broader industry conversations.

Bermuda’s double-digit GFCI ranking jump signals bigger shift for re/insurance

14 May 2026 Investors increasingly see the island as permanent infrastructure for complex, long-term insurance risk, say BILTIR and BDA CEOs.

More articles

Pelagos swings to Q1 profit, but wildfire-hit rebound distorts success story

Aviva Grows its GWP, UK personal lines top the bill

AI transforming the London Market but not how you think, says LIIBA CEO

Cyber insurance first step to making Britain less vulnerable, says ex-defence secretary

Price Forbes hires Howden veteran to expand A&H division

Howden reshuffles Asia leadership with Hong Kong CEO

QBE Re creates MENA leadership role with Scor hire

Shaping culture, careers and change in re/insurance

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze