Kion Group Gmbh

FRA:HNR1 ISIN:DE0008402215

 
 

News

Hannover Re Completes Innovative Capital Market Transaction

🕔6/19/2008 3:33:00 PM 627

Hannover Rück (Other OTC:HVRRF.PK) Hannover, 19 June 2008: Hannover Re has completed the first transaction as part of its extended Insurance-Linked Securities (ILS) activities. Property catastrophe risks of a number of US cedants have been pooled and transferred to the capital market in several tranches. In contrast to the company's previous securitisations, Hannover Re's interest here is not in protecting its own business but in directly transferring clients' business to the capital market.

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Hannover Re Voted Best Overall Reinsurer In North America Three Times In Succession

🕔5/27/2008 6:39:00 PM 666

Hannover Rück (Other OTC:HVRRF.PK) Hannover Re voted best overall reinsurer in North America three times in succession

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Hannover Re: Annual General Meeting Carries All Motions As Proposed

🕔5/6/2008 9:45:00 PM 659

Hannover, Germany, May 6, 2008 - (ABN Newswire) - Annual General Meeting carries all motions as proposed   Hannover, 6 May 2008: The Annual General Meeting of Hannover Re today approved all motions brought, adopting all of its resolutions with a large majority.   In his speech, Chief Executive Officer Wilhelm Zeller recapitulated on an excellent financial year 2007 in which the company posted the highest Group net income in its history, at EUR 734 million. Although this result was due in part to a positive one-off effect from corporation tax amendments in Germany, Hannover Re would have posted a record profit anyway.   Zeller also stated that he was highly satisfied with the figures for the first quarter of 2008, published today (see separate press release): "Our result to date stands us in good stead to achieve our ambitious profit target for the year as a whole - a return on equity of over 15 percent after tax."   The Annual General Meeting likewise approved ...

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Hannover Re Reports Gratifying Interim Result

🕔5/6/2008 3:30:00 PM 730

Hannover, Germany, May 6, 2008 - (ABN Newswire) - Hannover Re reports gratifying interim result   *         Operating profit (EBIT) + 59.3% *         Group quarterly net income + 22.6% *         Non-life reinsurance: EBIT almost doubled *         Combined ratio 99.5% *         Life and health reinsurance: EBIT margin within the target corridor *         Net investment income stable despite difficult capital markets  *         Return on equity 18.7%     Hannover, 6 May 2008: Hannover Re expressed satisfaction with its start to the new financial year. "Despite some headwind due to the difficult situation on the global capital markets, our quarterly result puts in place a good foundation for achieving our defined 2008 profit target - namely a return on equity in excess of 15 percent after taxes", Chief Executive Officer Wilhelm Zeller affirmed.   The operating profit (EBIT) as at 31 March 2008 improved on the corresponding period of the previous year by 59 ...

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Hannover Re Voted Best Reinsurer In Russia

🕔4/2/2008 6:10:00 PM 645

Hannover, Germany, Apr 2, 2008 - (ABN Newswire) - Hannover, 2 April 2008: In a survey conducted on the occasion of the 12th All-Russia Reinsurance Conference at the end of March 2008 in Moscow Hannover Re was chosen as the best foreign reinsurer. Insurers and brokers from Russia and the CIS states took part in the vote, along with foreign brokerage houses.

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Hannover Re Generates Another Record Result

🕔3/12/2008 7:00:00 PM 663

Hannover, Germany, Mar 12, 2008 - (ABN Newswire) - Hannover Re generates another record result

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Hannover Re Satisfied With 1 January Treaty Renewals In Non-life Reinsurance

🕔2/5/2008 10:01:00 PM 709

Hannover, Germany, Feb 5, 2008 - (ABN Newswire) - Hannover Re satisfied with 1 January treaty renewals in non-life reinsurance

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Hannover Re Expands In South Korea

🕔1/7/2008 5:30:00 PM 791

Hannover, Germany, Jan 7, 2008 - (Hugin via ABN Newswire) - Hannover Re expands in South Korea

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Hannover Re Reports Highly Satisfactory Interim Result

🕔11/8/2007 2:31:00 PM 931

Hannover, Germany, Nov 8, 2007 - (Hugin via ABN Newswire) - Hannover Re reports highly satisfactory interim result

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Hannover Re Establishes Life Reinsurer In Bermuda

🕔10/24/2007 5:00:00 PM 795

Hannover, Germany, Oct 24, 2007 - (Hugin via Asia Business News) - Hannover Re establishes life reinsurer in Bermuda

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