Hanover Re Q3 net income up

Hanover Re, a provider of reinsurance, has reported a net income of E265.49 million, or E2.20 per share, for the third quarter ended September 30, 2012, compared to E163.21 million, or E1.35 per share, for the same quarter ended September 30, 2011.

Total revenues for the third quarter ended September 30, 2012 were E3.63 billion, compared to E3.01 billion for the same quarter ended September 30, 2011.

Net income for the nine months ended September 30, 2012 was E670.76 million, or E5.56 per share, compared to E381.67 million, or E3.16 per share, for the same period ended September 30, 2011.

Total revenues for the nine months ended September 30, 2012 were E10.17 billion, compared to E8.84 billion for the same period ended September 30, 2011.