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Hannover Re 1Q net profit up 43 percent

Hannover Re 1Q net profit up 43 percent

German reinsurer Hannover Re AG said Tuesday that first quarter net profit improved by 43 percent on gains from the acquisition of an ING life reinsurance unit, and that the worst of the financial crisis' impact on the company was past.
The Hannover-based company said net profit for the January-March period increased to


Updated : 2021-02-27 00:03 GMT+08:00