Hannover Re Profit Up In 2002

NU Online News Service, April 14, 12:04 p.m. EDT?Rebounding from 9/11 losses, Hannover Re reported a 2002 net income of 267.2 million euros ($228.2 million).

The 267.2 million euros figure, which amounted to 2.75 euros ($2.97) a share, compared with 2001 net income of 11.1 million euros ($11.98 million), or .11 euros (12 cents) on a per-share basis.

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