Hannover Re stock slips 0.95% to EUR 293.00 premarket
Published on 11/11/2026 at 08:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit target remains in focus
- Hannover Re lifted nine-month net income by 6.9 percent to EUR 2.1 billion.
- Management confirmed full-year 2026 net income guidance of at least EUR 2.7 billion.
- The combined ratio in property and casualty reinsurance improved to 83.7 percent.
Hannover Re stock traded at EUR 293.00 on Lang & Schwarz at 08:03 CET on Wednesday, November 11, 2026, 0.95 percent below the Xetra close of Tuesday, November 10, 2026, at EUR 295.80.
Hannover Re increased group net income by 6.9 percent to EUR 2.1 billion in the first nine months of 2026 and confirmed its full-year target of at least EUR 2.7 billion. The company also reported a 16.5 percent rise in operating profit to EUR 2.9 billion.
In its nine-month results release, Hannover Re said the property and casualty combined ratio improved to 83.7 percent from 86.0 percent a year earlier. Large-loss payments of EUR 1.316 billion remained below the budgeted EUR 1.7865 billion for the period, while the company retained its full-year large-loss budget of EUR 2.3 billion.
Investment income rose 40.4 percent to EUR 1.9 billion, and the annualised return on investment reached 3.7 percent against a full-year target of around 3.5 percent. Hannover Re said its guidance assumes no significant excess in large losses and no unforeseen capital-market distortions.
External coverage from Yahoo Finance highlighted softer pricing in property and casualty renewals and an 11.9 percent decline in new-business contractual service margin to EUR 2.3 billion. This leaves underwriting discipline and investment income as key factors for the outlook.
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