Business development

Business development

For Hannover Re the 2013 financial year was a pleasing one despite challenging market conditions. At EUR 895.5 million we generated the highest Group net income to date in the history of Hannover Re. Although this figure was assisted by positive tax effects from the recognition of deferred taxes, we would have surpassed our guidance of around EUR 800 million even without this effect. Please find below a brief summary of the development of our business groups – non-life and life and health reinsurance – and of our investments. More detailed information is to be found here.

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