Hannover Re raises 2024 profit target, publishes targets for 2025

Hannover, 11 November 2024: Hannover Re generated Group net income of EUR 1.8 billion in the first nine months of the year. Against the backdrop of the favourable business development and a positive tax effect in the third quarter, Hannover Re is raising its full-year profit target to around EUR 2.3 billion. Guidance for Group net income of around EUR 2.4 billion for the 2025 financial year is announced for the first time.