Hannover Re Profit Climbs 13%, Keeps €2.4 Billion 2025 Target

German reinsurer Hannover Re reported first-half 2025 earnings showing net income rose 13% from a year earlier to €1.31 billion, while earnings before interest and taxes reached €1.76 billion. Second-quarter EBIT came in at €1.07 billion, just below the €1.10 billion analyst consensus, but the company reiterated that it still expects to earn about €2.4 billion for the full year 2025. The reaffirmed outlook is slightly under the market’s €2.53 billion forecast yet signals confidence in underlying reinsurance demand and pricing.