Hannover Re lifts full-year forecast

Global reinsurer Hannover Re has lifted its 2017 net income
forecast to more than EUR1bn ($1.1bn) from more than EUR950mn,
while noting that global market conditions remain challenging.
In a statement released this morning the company also said it
expected premiums to rise in the low single-digit percentage range
for 2017, up from the stable or slightly lower 2017 premiums it
forecast in November.
It said the higher level of expected income was due to the
closing of several financial...