German financial services provider Hannover Re, the third-largest reinsurance group in the world, on Monday reported that its net income for the first nine months of 2024 increased by 30.4% to €1.8 billion ($1.9 billion) from last year. The increase was affected by a positive one-off tax effect of €120 million. Earnings per share were €15.13 compared to €11.60 12 months earlier. The operating profit (EBIT) was up by 33.3% to €2.4 billion. Reinsurance revenue (gross) grew by 6.4% to €19.7 billion year-on-year. A growth of 7.0% would have been booked at unchanged exchange rates. For 2024, Hannov…