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HannoverRe


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Credit Agricole, Hermes, Whitbread

EUROPE RESEARCH ROUNDUP-Credit Agricole, Hermes, Whitbread June 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Credit Agricole, Hermes and Whitbread, on Wednesday. HIGHLIGHTS * Credit Agricole CAGR.PA : Jefferies raises to buy from hold * Flutter Entertainment Plc FLTRF.L : JP Morgan cuts target price to 20,700p from 21,300p * Hermes HRMS.PA : Barclays cuts target price to EUR 2320 from EUR 2410 * Renew Holdings Plc RNWH.L : Ber
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Top of the Street: Hannover Re, Land Securities, Saab

BUZZ-Top of the Street: Hannover Re, Land Securities, Saab A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** UBS upgrades German reinsurer Hannover Re HNRGn.DE to "neutral" from "sell" saying it is well placed to perform into an active catastrophe season ** GS cuts British property firm Land Securities Group LAND.L to "neutral" from "buy", citing weak earnings growth prospects over next few years and greater upside elsewhere in the sector INITIATIONS AND R
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Hannover Re shares rise after UBS upgrades to 'neutral'

BUZZ-Hannover Re shares rise after UBS upgrades to 'neutral' ** Shares in Hannover Re HNRGn.DE rise around 2% after UBS upgrades the German reinsurer to "neutral" from "sell" saying it is well placed to perform into an active catastrophe season ** The active wind season in the Gulf of Mexico is expected to be above the historical average, which is
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Eiffage, Quilter, Ricardo

EUROPE RESEARCH ROUNDUP-Eiffage, Quilter, Ricardo June 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Eiffage, Quilter and Ricardo, on Monday. HIGHLIGHTS * Acciona Energia ANE.MC : Morgan Stanley raises to equalweight from underweight * Eiffage FOUG.PA : Goldman Sachs raises to buy from neutral * Quilter Plc QLT.L : JP Morgan raises to overweight from neutral * Ricardo Plc RCDO.L : Berenberg raises to buy from hold * St.
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Britvic, Energean, Pandora

EUROPE RESEARCH ROUNDUP- Britvic, Energean, Pandora May 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Energean and Pandora, on Thursday. HIGHLIGHTS * Britvic Plc BVIC.L : Peel Hunt raises target price to 1100p from 1000p * Energean Plc ENOG.L : Jefferies raises target price to 1,350p from 1,250p * Pandora PNDORA.CO : Citigroup raises target price to DKK 1330 from DKK 1255 * Surgical Science Sweden AB SUSW.ST : Berenbe
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ABB Ltd, Capital & Regional Plc, Neste Oyj

EUROPE RESEARCH ROUNDUP- ABB Ltd, Capital & Regional Plc, Neste Oyj May 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB Ltd, Capital & Regional Plc and Neste Oyj, on Wednesday. HIGHLIGHTS * ABB Ltd ABBN.S : TD Cowen raises target price to CHF 46 from CHF 38 * Capital & Regional Plc CAL.L : Berenberg cuts target price to 65p from 68p * Hannover Re HNRGN.DE : HSBC raises target price to EUR 235 from EUR 225 * Neste Oyj NESTE.H
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Germany's Hannover Rueck falls as Q1 earnings underperform

BUZZ-Germany's Hannover Rueck falls as Q1 earnings underperform ** Hannover Rueck HNRGn.DE shares slide 3.4% after the German reinsurance company reported Q1 results that underperformed peer Munich Re MUVGn.DE ** It reports net income growing 15% to 558 million euros ($601.58 million) in the quarter, slightly below consensus as per J.P. Morgan ** A
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Hannover Re increases Q1 profit to EUR 558 million, confirms guidance 2024

BRIEF-Hannover Re increases Q1 profit to EUR 558 million, confirms guidance 2024 May 14 (Reuters) - HANNOVER RUECK SE HNRGn.DE : HANNOVER RE INCREASES QUARTERLY PROFIT TO EUR 558 MILLION GUIDANCE FOR 2024 CONFIRMED Q1 GROUP NET INCOME UP BY 15% TO EUR 558 MILLION Q1 REINSURANCE REVENUE RISES TO EUR 6.7 BILLION LARGE LOSSES IN PROPERTY AND CASUALTY
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead May 10 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 14-May-2024 NTS PSHG_p.DE Porsche Automobil Holding SE Q1 2024 Porsche Automobil Holding SE Earnings Release 14-May-2024 BMO HNRGn.DE Hannover Rueck SE Q1 2024 Hannover Rueck SE Earnings Release 14-May-2024 BMO BNRGn.DE Brenntag SE Q1 2024 Brenntag SE Earnings Release 14-May-2024 05:30 RHMG.DE Rhein
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Athora abandons plans to buy German run-off insurance portfolio from Axa

Athora abandons plans to buy German run-off insurance portfolio from Axa MUNICH, May 2 (Reuters) - Financial investor Athora Holding has given up on plans to buy a German portfolio of run-off life insurance policies from the French insurer AXA AXAF.PA , it said on Thursday. The parties announced the sale of the portfolio, with a volume of 16 billion euros ($17.13 billion), for 660 million euros in 2022. But Athora said on Thursday that financial conditions had changed, and it had mutually agreed
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HSBC sees valuation for EU reinsurers becoming more challenging

BUZZ-HSBC sees valuation for EU reinsurers becoming more challenging ** HSBC believes economics will continue to favour reinsurers but sees a possible turn in the rate cycle in 2025 ** The broker says that, in 2023, EU Reinsurers showed an average 19% Return on Equity, which it considers a good performance that should continue in the near term, wit
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Ship insurer Britannia is helping in Baltimore bridge probe

UPDATE 2-Ship insurer Britannia is helping in Baltimore bridge probe Updates with further comment, detail LONDON, March 28 (Reuters) - Britannia, the insurer of container ship the Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the insurer said on Thursday. The bridge collapsed on Tuesday after the Dali suffered a power outage and struck a pylon, causing huge disruption in the port.
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BMW, Life Science REIT, SGL Carbon

EUROPE RESEARCH ROUNDUP-BMW, Life Science REIT, SGL Carbon March 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including BMW, Life Science REIT and SGL Carbon on Wednesday. HIGHLIGHTS * Adyen NV ADYEN.AS : Morgan Stanley raises to overweight from equal-weight * BMW BMWG.DE : Jefferies cuts to hold from buy * Credit Agricole SA CAGR.PA : Deutsche Bank raises to buy from hold * Life Science REIT Plc LABS.L : Jefferies cuts to hold from buy
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Hannover Re To Establish New Specialty Reinsurance Business Unit

BRIEF-Hannover Re To Establish New Specialty Reinsurance Business Unit March 26 (Reuters) - Hannover Rueck SE HNRGn.DE : COMBINES CYBER AND DIGITAL UNDERWRITING EXPERTISE IN NEW SPECIALTY REINSURANCE BUSINESS UNIT NEW BUSINESS UNIT TO BE ESTABLISHED EFFECTIVE 1 APRIL 2024 STEFAN SPERLICH TO LEAD NEW BUSINESS UNIT Source text for Eikon: ID:nEQ61Dyn3
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Hannover Rueck To Combine Cyber And Digital Underwriting In New Unit

BRIEF-Hannover Rueck To Combine Cyber And Digital Underwriting In New Unit March 26 (Reuters) - Hannover Rueck SE HNRGn.DE : COMBINES CYBER AND DIGITAL UNDERWRITING EXPERTISE IN NEW SPECIALTY REINSURANCE BUSINESS UNIT NEW BUSINESS UNIT TO BE ESTABLISHED EFFECTIVE 1 APRIL 2024 Further company coverage: [HNRGn.DE] (Gdansk Newsroom)
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BMW, Hill & Smith, Prudential

EUROPE RESEARCH ROUNDUP-BMW, Hill & Smith, Prudential March 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Hill & Smith and Prudential, on Monday. HIGHLIGHTS * BMW BMWG.DE : HSBC raises target price to EUR 112 from EUR 110 * Hill & Smith HILS.L : Jefferies raises target price to 2,320p from 2,280p * Leg Immobilien SE LEGn.DE : Goldman Sachs raises to neutral * Prudential PRU.L : JP Morgan cuts target price to 1,350p from 1
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ASML Holding, Intrum, Rolls Royce

EUROPE RESEARCH ROUNDUP- ASML Holding, Intrum, Rolls Royce March 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASML Holding, Intrum and Rolls Royce, on Tuesday. HIGHLIGHTS * ASML Holding NV ASML.AS : TD Cowen raises target price to EUR 1,000 from EUR 925 * Intrum AB INTRUM.ST : JP Morgan cuts to underweight from neutral * Rolls Royce RR.L : Jefferies raises target price to 470p from 390p * Spirax-Sarco SPX.L : HSBC raises targ
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Hannover Rueck CFO Says Real Estate Devaluations At EUR 80 Mln, No Signa Exposure

BRIEF-Hannover Rueck CFO Says Real Estate Devaluations At EUR 80 Mln, No Signa Exposure March 18 (Reuters) - Hannover Rueck SE HNRGn.DE : HANNOVER RUECK BOARD MEMBER PICKEL: WILL CONTINUE TO FACE HARD MARKET, BUT SEE NO STRONG PREMIUM INCREASES LIKE THOSE SEEN IN 2023 HANNOVER RUECK BOARD CFO: HAD DEVALUATIONS OF 80 MILLION EUR IN REAL ESTATE PORTF
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Hannover Rueck: Appoints Thorsten Steinmann To Executive Board To Succeed Michael Pickel

BRIEF-Hannover Rueck: Appoints Thorsten Steinmann To Executive Board To Succeed Michael Pickel March 18 (Reuters) - Hannover Rueck SE HNRGn.DE : APPOINTS THORSTEN STEINMANN TO EXECUTIVE BOARD TO SUCCEED MICHAEL PICKEL, WHO WILL RETIRE THORSTEN STEINMANN TO JOIN ON 1 SEPTEMBER 2024 MICHAEL PICKEL TO RETIRE ON 31 DECEMBER 2024 Further company coverag
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Hannover Rueck: Proposes Dividend of 7.20 Eur Per Share

BRIEF-Hannover Rueck: Proposes Dividend of 7.20 Eur Per Share March 18 (Reuters) - Hannover Rueck SE HNRGn.DE : HANNOVER RE BEATS FULL-YEAR EARNINGS TARGET AND RAISES DIVIDEND GROUP NET INCOME IMPROVES TO EUR 1.8 BILLION RETURN ON EQUITY OF 19.0% COMFORTABLY ABOVE MINIMUM TARGET REINSURANCE REVENUE CLIMBS TO EUR 24.5 BILLION PROPOSED DIVIDEND DISTR
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