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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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.
Joachim Wenning
People
los angeles faces worsening fire conditions as winds intensify
08:08 29.01.2025
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