November 20, 2016 / 9:41 PM / 24 days ago

BRIEF-Hannover Rueck Confirms 2020 Guidance, Proposes €5.50 Dividend

March 11 (Reuters) - Hannover Rueck SE:

* DGAP-NEWS: HANNOVER RE DELIVERS DOUBLE-DIGIT EARNINGS AND PREMIUM GROWTH AND INCREASES DIVIDEND

* PROPOSED DIVIDEND OF EUR 5.50

* GUIDANCE FOR 2020 CONFIRMED - GROUP NET INCOME OF AROUND EUR 1.2 BILLION

* AN AMOUNT OF EUR 85.7 MILLION WAS SET ASIDE FOR INSOLVENCY OF UK TRAVEL OPERATOR THOMAS COOK Source text: bit.ly/39SBTMg (Berlin Speed Desk)

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