OverviewSuggest Edit
Hannover Re, with gross premium of around EUR 14.4 billion, is the third-largest reinsurer in the world.
It transacts all lines of property & casualty and life & health reinsurance and is present on all continents with more than 2,500 staff.
The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior").
| Type | Public | |
| Founded | 1966 | |
| HQ | Hannover, DE | Map |
| Website | hannover-re.com | |
| Employee Ratings | More |
Recent NewsAll News
- Penn River Partners with Hannover Re US to launch Reinsurance addition to its digital platform for life and annuity insurers
- Dow Jones Newswires: Hannover Re backs 2020 guidance after profit rise
- Dow Jones Newswires: Hannover Re lifts profit guidance as net profit doubles
- Reinsurance Market 2018 by Types, Application (Direct Writing & Broker), Key Players (Munich Re, Swiss Re, Hannover Re, SCOR SE, Lloyd’s, RGA, Korean Re, PartnerRe), Growth Rate, Global Overview & Forecast to 2025
Hannover Re Office Locations
Hannover Re Financials and Metrics
Hannover Re Revenue
| EUR | |
|---|---|
Revenue (FY, 2015) | 17.1b |
Revenue growth (FY, 2014 - FY, 2015), % | 18.8% |
Gross profit (FY, 2015) | 6.0b |
Gross profit margin (FY, 2015), % | 35.1% |
Net income (FY, 2015) | 1.2b |
EBIT (FY, 2015) | 1.8b |
Market capitalization (10-Nov-2021) | 19.6b |
Closing stock price (10-Nov-2021) | 162.3 |
Cash (31-Dec-2015) | 792.6m |
EV | 20.6b |
- Source: Company Filings
| EUR | FY, 2014 | FY, 2015 |
|---|---|---|
Revenue | 14.4b | 17.1b |
Revenue growth, % | 19% | |
Cost of goods sold | 9.5b | 11.1b |
Gross profit | 4.9b | 6.0b |
- Source: Company Filings
| EUR | Y, 2014 | Y, 2015 |
|---|---|---|
Cash | 772.9m | 792.6m |
Total Assets | 60.5b | 63.2b |
Total Debt | 2.3b | 1.8b |
Total Liabilities | 52.2b | 54.4b |
- Source: Company Filings
| EUR | FY, 2014 | FY, 2015 |
|---|---|---|
Cash From Operating Activities | 1.9b | 3.1b |
- Source: Company Filings
Hannover Re Revenue Breakdown
Hannover Re revenue breakdown by business segment: 54.7% from Property & Casualty reinsurance and 45.3% from Life & health reinsurance
Hannover Re Cybersecurity Score
Hannover Re Environment, Social & Governance (ESG) Ratings
Hannover Re Online and Social Media Presence
113 Twitter followers
Hannover Re has 113 Twitter Followers. The number of followers has increased 0.3% quarter over quarter
Hannover Re's Trends
Hannover Re News and Updates
Penn River Partners with Hannover Re US to launch Reinsurance addition to its digital platform for life and annuity insurers
Dow Jones Newswires: Hannover Re backs 2020 guidance after profit rise
Dow Jones Newswires: Hannover Re lifts profit guidance as net profit doubles
Reinsurance Market 2018 by Types, Application (Direct Writing & Broker), Key Players (Munich Re, Swiss Re, Hannover Re, SCOR SE, Lloyd’s, RGA, Korean Re, PartnerRe), Growth Rate, Global Overview & Forecast to 2025
Hannover Re Frequently Asked Questions
When was Hannover Re founded?
Hannover Re was founded in 1966.
How many employees does Hannover Re have?
Hannover Re has 3,218 employees.
What is Hannover Re revenue?
Latest Hannover Re annual revenue is €17.1 b.
What is Hannover Re revenue per employee?
Latest Hannover Re revenue per employee is €5.3 m.
Who are Hannover Re competitors?
Competitors of Hannover Re include Munich Re, Gen Re and Davies Group.
Where is Hannover Re headquarters?
Hannover Re headquarters is located at 50 Karl-Wiechert-Allee, Hannover.
Where are Hannover Re offices?
Hannover Re has an office in Hannover.
How many offices does Hannover Re have?
Hannover Re has 1 office.
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