Hannover Re's premiums rise nearly 20%

Germany-based reinsurer Hannover Re S.E.'s gross written premiums grew 18% to more than €5 billion ($6 billion) in the first quarter from €4.5 billion in the first quarter of 2017, Interactive Investor reported. Net profit grew more than 3% year over year to nearly €273.5 million. Operating profit increased 8.5% to nearly €434 million from €400 million in the first quarter of 2017.

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