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Hannover Rueckversicherung AG (ADR) (HVRRY) [hlAlert]

Rating:
Buy HVRRY
3 Months Gains
up 35.32 %

Hannover Rueckversicherung AG (ADR) (HVRRY) rated Buy by Berenberg

Posted on: Tuesday,  Aug 6, 2013  8:25 AM ET by Berenberg

Hannover Rueckversicherung AG
(ADR) (OTCBB: HVRRY) rated Buy by Berenberg.

Hannover Rueckversicherung AG is a Germany-based global reinsurance Company. The Company operates through two business groups: Non-Life Reinsurance and Life and Health Reinsurance. Non-Life Reinsurance provides structured reinsurance solutions under its Hannover Re Advanced Solutions brands. Its target markets are the United States and Germany, and its specialty lines include marine business, aviation business, credit, surety and political risks, among others. Non-Life Reinsurance's Global Reinsurance consists of treaty business, catastrophe business and facultative business. Life and Health Reinsurance operates under Hannover Life Re brand. It provides solutions for business start-ups, financial optimization and strategic marketing positioning. As of December 31, 2009, the Company had majority owned subsidiaries in Germany, Ireland, Luxembourg and Bermuda, among others, and majority owned subsidiaries in Germany and the United States, among others.

Berenberg
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2013 8:25 AM Buy
None
37.51
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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