Annual Report 2009
> Management report
> Life and health reinsurance
> Results
> Italy, Spain and Southeastern Europe
Italy, Spain and Southeastern Europe
As in past years, reinsurance acceptances in this region are written from Hannover Home Office, although our offices in Milan and Madrid are closely integrated into key aspects of customers support and service provision on a local basis.
Premium income climbed 8.7% to EUR 76.5 million, reflecting above all the enlargement of our Italian portfolio; profitability was again highly satisfactory.