Hannover Re

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
HQ
Hannover, DE
Founded
1966
Size (employees)
2,577 (est)
Hannover Re was founded in 1966 and is headquartered in Hannover, DE

Hannover Re Office Locations

Hannover Re has office in Hannover
Hannover, DE

Hannover Re Metrics

Hannover Re Summary

Market capitalization

€12.8 b

Closing share price

€107.6
Hannover Re's current market capitalization is €12.8 b.

Hannover Re Financials

Hannover Re's revenue is €17.1 b in FY, 2015 which is a 18.8% increase from the previous period.
FY, 2014FY, 2015

Revenue

€14.4 b€17.1 b

Revenue growth, %

19%

Cost of goods sold

€9.5 b€11.1 b

Gross profit

€4.9 b€6 b

Gross profit Margin, %

34.1%35.1%

Sales and marketing expense

€2.6 b€2.9 b

General and administrative expense

€363.9 m€398.5 m

Operating expense total

€2.9 b€3.3 b

Depreciation and amortization

€141.8 m€161 m

EBIT

€1.5 b€1.8 b

EBIT margin, %

10.2%10.3%

Interest expense

€175 m€182.9 m

Interest income

€1.4 b€1.5 b

Income tax expense

€113 m€311.2 m

Pre tax profit

€1.4 b€1.7 b

Net Income

€1.1 b€1.2 b

Operating cash flow

€1.9 b€3.1 b

Hannover Re Market Value History

Hannover Re Revenue Breakdown

Hannover Re Online Presence

Hannover Re News

Hannover Re Company Life

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