Hannover Re's P&C unit reported an operating result of EUR629mn ($677mn) for Q1, a 35% improvement on the prior-year quarter's EUR466mn, as expenditures in P&C cat losses came in below expectations.
At
Hannover Re P&C Q2 operating profit jumps 35% to EUR629mn
At group level, Hannover Re's operating income grew by 15% to EUR558.1mn.