Key Figures
| in EUR million | 2020 | 2019 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.1. – 31.3. | 1.4. – 30.6. | +/– previous year |
1.1. – 30.6. | +/– previous year |
1.4. – 30.6. | 1.1. – 30.6. | 31.12. | |||||
| Results | ||||||||||||
| Gross written premium | 6,975.3 | 6,170.8 | +16.0% | 13,146.1 | +12.4% | 5,320.7 | 11,694.0 | |||||
| Net premium earned | 5,090.9 | 5,287.2 | +11.4% | 10,378.1 | +10.9% | 4,745.0 | 9,355.8 | |||||
| Net underwriting result1 | (44.8) | (285.5) | (330.4) | (17.6) | 57.5 | |||||||
| Net investment income | 471.7 | 321.4 | -31.1% | 793.1 | -8.4% | 466.7 | 865.6 | |||||
| Operating profit (EBIT) | 426.6 | 76.9 | -84.4% | 503.5 | -46.6% | 492.1 | 942.1 | |||||
| Group net income | 300.9 | 101.5 | -72.5% | 402.4 | -39.3% | 368.9 | 662.5 | |||||
| Balance sheet | ||||||||||||
| Policyholders´ surplus | 13,458.9 | 13,715.1 | +0.9% | 12,001.0 | 13,588.9 | |||||||
| Equity attributable to shareholders of Hannover Rück SE | 10,464.6 | 10,687.7 | +1.5% | 9,732.7 | 10,528.0 | |||||||
| Non-controlling interests | 759.4 | 791.6 | -4.2% | 774.3 | 826.5 | |||||||
| Hybrid capital | 2,235.0 | 2,235.8 | +0.1% | 1,494.0 | 2,234.4 | |||||||
| Investments (excl. funds withheld by ceding companies) |
47,888.2 | 48,768.1 | +2.4% | 44,846.2 | 47,629.4 | |||||||
| Total assets | 72,694.7 | 73,307.1 | +2.7% | 67,978.7 | 71,356.4 | |||||||
| Share | ||||||||||||
| Earnings per share (basic and diluted) in EUR | 2.49 | 0.84 | -72.5% | 3.34 | -39.3% | 3.06 | 5.49 | |||||
| Book value per share in EUR | 86.77 | 88.62 | +1.5% | 80.70 | 87.30 | |||||||
| Share price at the end of the period in EUR | 131.00 | 153.40 | -11.0% | 142.20 | 172.30 | |||||||
| Market capitalisation at the end of the period | 15,798.2 | 18,499.6 | -11.0% | 17,148.9 | 20,778.9 | |||||||
| Ratios | ||||||||||||
| Combined ratio (property and casualty reinsurance)1 | 99.8% | 104.8% | 102.3% | 97.7% | 96.7% | |||||||
| Large losses as percentage of net premium earned (property and casualty reinsurance2 | 8.5% | 12.8% | 10.7% | 2.7% | 2.4% | |||||||
| Retention | 91.1% | 90.4 % | 90.8% | 90.9% | 90.6% | |||||||
| Return on investment (excl. funds withheld by ceding companies) | 3.2% | 2.2 % | 2.7% | 4.0% | 3.5% | |||||||
| EBIT margin3 | 8.4% | 1.5 % | 4.9% | 10.4% | 10.1% | |||||||
| Return on equity (after tax) | 11.5% | 3.8 % | 7.6% | 15.1% | 14.3% | |||||||
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