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Publication Details
World Insurance Report
ISSUE: 700
ISBN: 0306-3445

08 Nov 2002World Insurance Report

Company profile: Hannover Re Group Africa

Hannover Re Group Africa, one of the leading reinsurers in the South African market, saw its pretax profits rise by 116% to R106mn (US$9mn) in 2001. The company’s result was boosted by significant foreign currency gains arising from the devaluation of the South African Rand against other currencies during the year.

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