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Hannover Rueck reported strong quarterly results, with earnings per share rising to €5.50 from €3.64, and revenue increasing by 10.12% to €7.39 billion. Analysts remain optimistic, with Jefferies raising its price target to €320 and Berenberg maintaining a "Buy" rating at €260, despite market fluctuations. Meanwhile, California's wildfires have resulted in significant insured losses, potentially costing the insurance industry tens of billions.
Hannover Rueck SE
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
los angeles faces worsening fire conditions as winds intensify
08:08 29.01.2025
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