Hannover Re
 | DATE OF CREATION: 1966, Germany |
| CLASS OF BUSINESS: Life and non-life | |
| UNDERWRITING ZONE: Worldwide | |
| Regional structures: 41 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
| Agency | Rating | Outlook |
| Standard & Poor's | AA- | Stable |
| A.M. Best | A+ | Stable |
Hannover Re: main indicators
in thousands USD| 2018 | 2019 | 2020 | 2021 | |
| Turnover | 21 934 000 | 25 306 000 | 30 418 000 | 31 438 000 |
| Shareholder’s equity | 10 914 000 | 12 715 000 | 14 542 000 | 14 445 000 |
| Net result | 1 212 000 | 1 438 000 | 1 085 000 | 1 394 000 |
Read also | Hannover Re: 2022 quarterly results
Hannover Re: turnover 2021 by class of business
in thousands USD| Premiums | In % | |
| Property and casualty | 21 769 000 | 69.25% |
| Life and health | 9 669 000 | 30.75% |
| Total | 31 438 000 | 100% |
Hannover Re: technical ratios
| 2018 | 2019 | 2020 | 2021 | |
| Net loss ratio | 66.9% | 69.0% | 72.8% | 69.3% |
| Net management expenses ratio | 29.6% | 29.2% | 28.8% | 28.4% |
| Combined ratio | 96.5% | 98.2% | 101.6% | 97.7% |
Hannover Re: capital and shareholding
| Shareholders | In % |  |
| Talanx | 50.2% | |
| Institutional investors | 37.7% | |
| Private investors | 12.1% |
Read also | Hannover Re: H1 2023 results
Hannover Re: management
| Jean-Jacques Henchoz | Chairman |
| Sven Althoff | Head of property & casualty reinsurance |
| Claude Chèvre | Head of life and health reinsurance department (Africa, Asia, Western and Southern Europe, Australia, etc) |
| Klaus Miller | Head of life and health reinsurance department (United Kingdom, North America, Central Europe, etc) |
| Clemens Jungsthöfel | Chief financial officer |
Sources: Hannover Re
Exchange rate as at 31/12/2020: 1 EUR = 1.22824 USD ; 31/12/2021: 1 EUR = 1.1324 USD
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