Hannover Re H1 FY26 net income rises 7% to EUR 1.4 billion; revenue falls 3.1% to EUR 12.9 billion
Reuters2026/08/12 05:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Hannover Re first-half net income rose 7% to EUR 1.4 billion, keeping it on track for full-year guidance of at least EUR 2.7 billion.
- Gross reinsurance revenue fell 3.1% to EUR 12.9 billion, while operating profit (EBIT) climbed 9.7% to EUR 1.9 billion.
- Property and casualty combined ratio improved 5.2 percentage points to 83.2%, beating its full-year expectation of below 87%.
- Large-loss payments totaled EUR 784.7 million, below its first-half budget of EUR 1.02 billion; roughly EUR 200 million set aside for Iran war impacts.
- Return on investment reached 3.7% versus a roughly 3.5% target; management cited a robust capital base and disciplined capital management.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hannover Rück SE published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.
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