Hannover Rück SE provided earnings guidance for the fiscal year 2022. For the period, the company expects group net income should be in the range of EUR 1.4 billion to EUR 1.5 billion. This is conditional on major loss expenditure not significantly exceeding the budgeted level of EUR 1.4 billion and on the Covid-19 pandemic having no substantial effect on the result in life and health reinsurance, and it also assumes that there are no exceptional distortions on capital markets.