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Hannover Re's property/casualty premiums rise nearly 40%

Posted On: May. 9, 2018 5:51 AM CST

Germany-based Hannover Re S.E.'s property/casualty reinsurance premiums increased nearly 40% in the first quarter, driven by growth in Asia, Australia, the United Kingdom and the United States, Artemis.bm reports. Hannover Re's structured reinsurance business, agricultural risks, cyber cover and recent hurricanes helped drive further growth in its portfolio.

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