Hannover Re

Hannover ReDATE OF CREATION: 1966, Germany
CLASS OF BUSINESS: Life and non-life
UNDERWRITING ZONE: Worldwide
Regional structures: 44 offices in 28 countries

Hannover Re: contact

Address: Hannover Rück se, Karl-Weichert-Allee 50, 30625 Hannover, Germany
Tel: +49 511 5604-0
Fax: +49 511 5604-1188
Website: www.hannover-re.com

Hannover Re: rating

AgencyRatingOutlook
Standard & Poor'sAA-Stable
A.M. BestA+Stable

Hannover Re: main indicators

in thousands USD
 20182019
Turnover21 934 00025 306 000
Shareholder’s equity10 914 00012 715 000
Net result1 212 0001 438 000

Hannover Re: turnover 2019 by class of business

in thousands USD
 PremiumsIn %
Property and casualty16 553 00065.41%
Life and health8 753 00034.59%
Total25 306 000100%

Hannover Re: technical ratios

 20182019
Loss ratio66.9%69.0%
Management expenses ratio29.6%29.2%
Combined ratio96.5%98.2%

Hannover Re: capital and shareholding

ShareholdersIn %Hannover Re capital
Talanx50.2%
Institutional investors38.6%
Private investors11.2%

* Shareholding at 30/9/2020

Hannover Re: management

Jean-Jacques HenchozChairman
Sven AlthoffHead of property & casualty reinsurance
Claude ChèvreHead of life and health reinsurance department (Africa, Asia, Western and Southern Europe, Australia, etc)
Klaus MillerHead of life and health reinsurance department (United Kingdom, North America, Central Europe, etc)
Clemens JungsthöfelChief financial officer

Sources: Hannover Re
Exchange rate as at 31/12/2018 : 1 EUR = 1.14379 USD ; as at 31/12/2019 : 1 EUR = 1.11986 USD

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