- Home
- Key figures
- Foreword
- Business development
-
Risk report
- Risk landscape of Hannover Re
- Strategy implementation
- External factors
- Risk capital
- Risk management
- Key elements of the risk management system
- Internal control system
- Internal risk assessment
- Underwriting risks in property and casualty reinsurance
- Underwriting risks in life and health reinsurance
- Market risks
- Counterparty default risks
- Operational risks
- Other risks
- Opportunity report
- Outlook
- Quarterly financial report
- Sites
Consolidated balance sheet as at 30 June 2017
| Assets | ||
| in EUR thousand | 30.6.2017 | 31.12.2016 |
|---|---|---|
| Fixed-income securities – held to maturity | 352,941 | 484,955 |
| Fixed-income securities – loans and receivables | 2,445,493 | 2,563,594 |
| Fixed-income securities – available for sale | 31,011,765 | 32,182,173 |
| Fixed-income securities – at fair value through profit or loss | 231,628 | 239,917 |
| Equity securities – available for sale | 958,556 | 905,307 |
| Other financial assets – at fair value through profit or loss | 71,011 | 57,665 |
| Real estate and real estate funds | 1,737,574 | 1,792,919 |
| Investments in associated companies | 111,247 | 114,633 |
| Other invested assets | 1,769,897 | 1,764,678 |
| Short-term investments | 839,142 | 838,987 |
| Cash and cash equivalents | 863,707 | 848,667 |
| Total investments and cash under own management | 40,392,961 | 41,793,495 |
| Funds withheld | 11,567,609 | 11,673,259 |
| Contract deposits | 179,706 | 170,505 |
| Total investments | 52,140,276 | 53,637,259 |
| Reinsurance recoverables on unpaid claims | 1,397,698 | 1,506,292 |
| Reinsurance recoverables on benefit reserve | 1,054,691 | 1,189,420 |
| Prepaid reinsurance premium | 169,635 | 134,927 |
| Reinsurance recoverables on other technical reserves | 13,430 | 12,231 |
| Deferred acquisition costs | 2,223,595 | 2,198,089 |
| Accounts receivable | 3,836,545 | 3,678,030 |
| Goodwill | 63,557 | 64,609 |
| Deferred tax assets | 338,300 | 408,292 |
| Other assets | 726,344 | 674,389 |
| Accrued interest and rent | 9,588 | 9,978 |
| Assets held for sale | – | 15,086 |
| Total assets | 61,973,659 | 63,528,602 |
| Liabilities | ||
| in EUR thousand | 30.6.2017 | 31.12.2016 |
|---|---|---|
| Loss and loss adjustment expense reserve | 27,590,483 | 28,129,418 |
| Benefit reserve | 9,778,179 | 10,289,854 |
| Unearned premium reserve | 3,808,494 | 3,340,651 |
| Other technical provisions | 366,293 | 362,390 |
| Funds withheld | 1,050,250 | 1,234,073 |
| Contract deposits | 4,215,809 | 4,298,343 |
| Reinsurance payable | 1,011,597 | 1,216,036 |
| Provisions for pensions | 178,623 | 180,680 |
| Taxes | 461,143 | 409,023 |
| Deferred tax liabilities | 1,762,830 | 1,842,973 |
| Other liabilities | 702,440 | 680,396 |
| Long-term debt and subordinated capital | 1,750,735 | 1,804,218 |
| Total liabilities | 52,676,876 | 53,788,055 |
| Shareholders’ equity | ||
| Common shares | 120,597 | 120,597 |
| Nominal value: 120,597 Conditional capital: 60,299 |
||
| Additional paid-in capital | 724,562 | 724,562 |
| Common shares and additional paid-in capital | 845,159 | 845,159 |
| Cumulative other comprehensive income | ||
| Unrealised gains and losses on investments | 1,017,448 | 904,196 |
| Cumulative foreign currency translation adjustment | 194,966 | 680,082 |
| Changes from hedging instruments | (4,735) | (6,703) |
| Other changes in cumulative other comprehensive income | (50,863) | (53,778) |
| Total other comprehensive income | 1,156,816 | 1,523,797 |
| Retained earnings | 6,560,248 | 6,628,274 |
| Equity attributable to shareholders of Hannover Rück SE | 8,562,223 | 8,997,230 |
| Non-controlling interests | 734,560 | 743,317 |
| Total shareholders’ equity | 9,296,783 | 9,740,547 |
| Total liabilities and shareholders´ equity | 61,973,659 | 63,528,602 |