German reinsurer Hannover Re posts rise in second-quarter profit

NAMPA / DPA

2025-08-12

Hanover, Germany (dpa) - German reinsurer Hannover Re on Tuesday reported a rise in net income for its second quarter. Group net income climbed to ?833.5 million ($451.2 million) from last year's ?603 million. Earnings per share were ?6.91, higher than ?5 a year ago. Operating profit or EBIT grew to ?1.07 billion from ?846.7 million a year ago. Gross reinsurance revenue increased to ?6.37 billion from prior year's ?6.24 billion. Looking ahead, fo......

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