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International

German reinsurer posts nearly 17% rise in premium income

May 23, 2024 Reprints

Germany-based reinsurer Deutsche Ruckversicherung AG’s gross premium income increased by nearly 17% year-on-year to €1.8 billion ($1.9 billion) in 2023, Middle East Insurance Review reported. The strong growth came both from the reinsurer’s domestic market and international markets in Latin America, Asia, and the Middle East. The reinsurer reported an operating result before tax of €12 million.

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German reinsurer posts nearly 17% rise in premium income

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