in EUR million |
2018 |
2017 |
|
1.1. – 30.6. |
1.7. – 30.9. |
+/– previous
year |
1.1. – 30.9. |
+/– previous
year |
1.7. – 30.9.1 |
1.1. – 30.9.1 |
31.12. |
Results |
|
|
|
|
|
|
|
|
Gross written premium |
9,985.3 |
5,007.1 |
+11.6% |
14,992.4 |
+11.2% |
4,486.0 |
13,483.6 |
|
Net premium earned |
8,345.6 |
4,428.1 |
+10.5% |
12,773.8 |
+10.7% |
4,008.3 |
11,541.5 |
|
Net underwriting result |
100.6 |
(204.1) |
|
(103.5) |
|
(589.8) |
(668.6) |
|
Net investment income |
743.6 |
411.8 |
-31.7% |
1,155.4 |
-16.4% |
603.1 |
1,382.5 |
|
Operating profit (EBIT) |
907.3 |
249.8 |
|
1,157.1 |
+43.5% |
6.9 |
806.4 |
|
Group net income |
555.3 |
170.0 |
|
725.3 |
+32.1% |
13.9 |
548.9 |
|
|
|
|
|
|
|
|
|
|
Balance sheet |
|
|
|
|
|
|
|
|
Policyholders´ surplus |
10,547.4 |
|
|
10,591.3 |
-1.7% |
|
|
10,778.5 |
Equity attributable to shareholders of Hannover Rück SE |
8,321.7 |
|
|
8,353.5 |
-2.1% |
|
|
8,528.5 |
Non-controlling interests |
732.9 |
|
|
744.8 |
-1.7% |
|
|
758.1 |
Hybrid capital |
1,492.8 |
|
|
1,493.0 |
+0.1% |
|
|
1,492.0 |
Investments (excl. funds withheld by ceding companies) |
40,891.7 |
|
|
41,468.2 |
+3.5% |
|
|
40,057.5 |
Total assets |
63,950.1 |
|
|
64,803.9 |
+5.9% |
|
|
61,196.8 |
|
|
|
|
|
|
|
|
|
Share |
|
|
|
|
|
|
|
|
Earnings per share (basic and diluted) in EUR |
4.60 |
1.41 |
|
6.01 |
+32.1% |
0.11 |
4.55 |
|
Book value per share in EUR |
69.00 |
|
|
69.27 |
-2.1% |
|
68.00 |
70.72 |
Share price at the end of the period in EUR |
106.80 |
|
|
121.70 |
+16.0% |
|
101.95 |
104.90 |
Market capitalisation at the end of the period |
12,879.8 |
|
|
14,676.7 |
+16.0% |
|
12,294.9 |
12,650.6 |
|
|
|
|
|
|
|
|
|
Ratios |
|
|
|
|
|
|
|
|
Combined ratio (property and casualty reinsurance)2 |
95.7% |
98.7% |
|
96.8% |
|
118.3% |
104.4% |
|
Large losses as percentage of net premium earned (property and casualty reinsurance)3 |
1.8% |
9.5% |
|
4.5% |
|
31.6% |
13.2% |
|
Retention |
91.3% |
89.7% |
|
90.8% |
|
89.7% |
90.1% |
|
Return on investment (excl. funds withheld by ceding companies)4 |
3.1% |
3.5% |
|
3.3% |
|
5.4% |
3.9% |
|
EBIT margin5 |
10.9% |
5.6% |
|
9.1% |
|
0.2% |
7.0% |
|
Return on equity (after tax) |
13.2% |
8.2% |
|
11.5% |
|
0.7% |
8.5% |
|