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)
3,035 (est)+5%
Hannover Re was founded in 1966 and is headquartered in Hannover, DE
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Hannover Re Office Locations

Hannover Re has an office in Hannover
Hannover, DE (HQ)
50 Karl-Wiechert-Allee
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Hannover Re Financials and Metrics

Hannover Re Financials

Hannover Re's revenue was reported to be €17.07 b in FY, 2015 which is a 18.8% increase from the previous period.
EUR

Revenue (FY, 2015)

17.1 b

Revenue growth (FY, 2014 - FY, 2015), %

18.8%

Gross profit (FY, 2015)

6 b

Gross profit margin (FY, 2015), %

35.1%

Net income (FY, 2015)

1.2 b

EBIT (FY, 2015)

1.8 b

Market capitalization (30-Oct-2017)

13 b

Closing share price (30-Oct-2017)

109

Cash (31-Dec-2015)

792.6 m

EV

14 b
Hannover Re's current market capitalization is €13 b.
EURFY, 2014FY, 2015

Revenue

14.4 b17.1 b

Revenue growth, %

19%

Cost of goods sold

9.5 b11.1 b

Gross profit

4.9 b6 b
eurY, 2014Y, 2015

Cash

772.9 m792.6 m

Total Assets

60.5 b63.2 b

Total Debt

2.3 b1.8 b

Total Liabilities

52.2 b54.4 b
EURFY, 2014FY, 2015

Cash From Operating Activities

1.9 b3.1 b
EURY, 2015

EV/EBIT

8 x

EV/CFO

4.5 x
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