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International

Hannover Re reserves nearly $240 million for COVID-19 claims

May 07, 2020 Reprints

Germany-based reinsurer Hannover Re SE has set aside €220 million ($238 million) in reserves for potential claims related to the COVID-19 pandemic, Artemis reported. The reinsurer's premiums increased more than 9% to €7 billion in the first quarter compared to the same period in 2019.

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Hannover Re reserves nearly $240 million for COVID-19 claims

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