Q1 2025 Hannover Rueck SE Earnings Call Transcript

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May 13, 2025

May 13, 2025 / 08:00AM GMT
Operator

Good morning, ladies and gentlemen, and welcome to the Hannover Rueck conference call on Q1 2025's results. I am Yusuf, the Chorus Call operator. (Operator Instructions) and that this conference is being recorded. (Operator Instructions)

At this time, it's my pleasure to hand over to Karl Steinle. Please go ahead.

Karl Steinle - Hannover Rueck SE - General Manager Investor and Rating Agency Relations

Well, good morning, everyone, and welcome to our earnings call on the first quarter of 2025. Today's speakers are Clemens Jungsthöfel, our new CEO, and for the first time, Christian Hermelingmeier, our CFO. For the Q&A we are joined by Al and as in the past and so with that I hand over to you.

Clemens JungsthÃfel - Hannover Rueck SE - Chief Executive Officer

Thank you, Karl, and good morning from Hanover.

I'm pleased to report that we got off to a very solid start in 2025 despite a significant impact from large losses in P&C reinsurance against the backdrop of absorbing the

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