Hannover Rueck SE Registered Shares
HNR1: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!F | LOCK|>V | LOCK|r&z@v<x |
Hannover Re Earnings: Full-Year Guidance Raised but Revenue Continues to Fall
With Hannover Re's third-quarter results, we see reinsurance revenue continuing to slide as softening of the reinsurance cycle persists. Reinsurance revenue missed company-compiled consensus as well as operating profit, but stronger underwriting in property and casualty has led to a net income beat.
