Half-yearly Financial Report 2017

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Property and casualty reinsurance Life and health reinsurance Investments
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
Overall assessment by the Executive Board
Forecast Events after the reporting date
Balance sheet Statement of income Statement of comprehensive income Statement of changes in shareholders’ equity Cash flow statement
Global presence Strategic business groups History

Glossary

Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

IBNR (Incurred but not reported) reserve

provision for claims which have already occurred but which have not yet been reported.

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