World Insurance Report
Hannover Re
Hannover Re intends to increase its profits by 10% this year, according to president Wilhelm Zeller at the company’s recent annual meeting.
It is a target the company has maintained since 1996. This would take
Hannover Re’s net profits for 2001 to €230mn (US$195.9mn) as premiums would rise by 15% to €9.5bn.