Hannover Re: 2022 preliminary results

Hannover ReHannover Re has published its preliminary activity indicators as at 31 December 2022.

The German reinsurer has ended the 2022 financial year with a 12.7% turnover increase to reach 33.3 billion EUR (35.5 billion USD).

The net profit went from 1.23 billion EUR (1.4 billion USD) as at 31 December 2021 to 1.41 billion EUR (1.51 billion USD) one year later, representing a 14.6% growth.

The return on equity amounted to 14.1%.

For the year 2023, the group expects a net result of 1.7 billion EUR (1.9 billion USD).

The group's final and detailed results will be published on 9 March 2023.

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