Profits dip at Hannover Re but it heralds ‘bottoming out’ of P/C rates


Profits and gross written premiums (GWP) for Hannover Re Group fell in the second quarter of 2016, largely due to the performance of its property/casualty reinsurance segment, which it stressed was facing challenging market conditions.

Hannover Re, Insurance, Reinsurance, Results, P&C, Europe

Intelligent Insurer