Hannover Re CEO says COVID-19 losses 'impossible to quantify' but reserves €220m

06-05-2020

Hannover Re CEO says COVID-19 losses 'impossible to quantify' but reserves €220m

Jean Jacques Henchoz, chief executive officer, Hannover Re

Hannover Re, the third-largest reinsurer in the world, boosted its result by 2.5 percent in the first quarter but its property and casualty underwriting results tumbled due to expected €220 million losses related to the COVID-19 pandemic.


Hannover Re, Q1, 2020 Results, GWP, Insurance, Reinsurance, Coronavirus, Property & Casualty, Jean-Jacques Henchoz, Europe

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