NU Online News Service, Aug. 6, 3:52 p.m. EDT

Hannover Re reported second quarter net income of EUR202.9 million ($291.1 million at current exchange rate), an over 100 percent increase compared to 2008 net income for the period of EUR100.8 million ($144.6 million).

The Hannover, Germany-based reinsurer posted improvement in both written premiums and investments in the quarter compared to the same period a year ago.

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