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home / news releases / GLRE - Hannover Re Forecasts Up To EUR250m Loss From European Floods

GLRE - Hannover Re Forecasts Up To EUR250m Loss From European Floods

Greenlight Reinsurance Ltd.
  • Hannover Re reported a positive first half of 2021, as the reinsurance company continued to grow into the firmer market conditions.
  • Major loss net expenditure fell to EUR 325.9 million, down from H1 2020’s EUR 737.0 million, which was below the budgeted level of EUR 476 million.
  • The reinsurance firm highlighted some major losses for the second half, including the floods.

For further details see:

Hannover Re Forecasts Up To EUR250m Loss From European Floods
Stock Information
Company Name: Greenlight Reinsurance Ltd.
Stock Symbol: GLRE
Market: NASDAQ
Website: greenlightre.com
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