Hannover Re's net profit rises 43%

Hannover Re AG reports a 43% first-quarter net profit increase to 216.1 million euro, and a 25% increase in earnings before interest and tax to 305.8 million euro. Revenue rose 18% to 2.29 billion euro, premium income increased 17% to 2.66 billion, operating profit grew to 305.8 million euro from last year's 245.6 million euro, and net investment income fell 25% to 198.2 million.