The preliminary group net income at German reinsurance firm Hannover Re grew to €1.8 billion ($1.9 billion) from last year’s €0.78 billion, the company reported on Wednesday. It said the results were in line with expectations. Earnings before interest and taxes (EBIT) was €1.97 billion, up from €1.52 billion last year. An increase in reserves in property and casualty reinsurance had a significant impact on EBIT, particularly in the fourth quarter, the company noted. Reinsurance revenue rose to €24.4 billion from €24.1 billion last year. The total renewed premium volume grew by 6.9% to €10.21 b…