Magazine date:
Mar 2016 Hannover Re closed the 2015 year with excellent results. The fourth global reinsurer realized in 2015 a record net profit of 1.15 billion EUR (1.26 billion USD), up by 17.4% compared to the initial prospects which amounted to 950 million EUR (1.04 billion USD).
This leap is mainly due to good underwriting results in property and casualty reinsurance as well as to the growth in investment income.
The premium volume of 17.07 billion EUR (18.7 billion USD) increased by 18.8% in comparison with the previous year. The combined ratio improved by 0.3 points going from 94.7 to 94.4%. The return on equity (ROE) stood unchanged at 14.7%.
The dividend paid to shareholders amounted to 4.75 EUR (5.2 USD) per share.