Hannover Re Group is on track to reach its profit target of up to €470m this year, the company announced this week.
Chief executive Wilhelm Zeller said: "With the result from the first quarter, we have laid a good foundation to reach our net profit goal of €430m to €470m."
Strong results in the last quarter of the year were not enough to salvage earnings for the full year, which were spoiled by hurricanes in North America, the company said.
Zeller said the company expected a significant increase in premium volume this year.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
