Key Figures

Table as Excel file: 
in EUR million 2021 2020
1.1. – 31.3.1 1.4. – 30.6. +/–
previous year
1.1. – 30.6. +/–
previous year
1.4. – 30.6. 1.1. – 30.6. 31.12.1
Results  
Gross written premium 7,809.3 6,655.3 +7.9% 14,464.6 +10.0% 6,170.8 13,146.1  
Net premium earned 5,692.7 5,822.6 +10.1% 11,515.3 +11.0% 5,287.2 10,378.1  
Net underwriting result2 25.4 98.9 124.3 (285.5) (330.4)  
Net investment income 441.1 424.7 +32.1% 865.8 +9.2% 321.4 793.1  
Operating profit (EBIT) 403.8 552.3 956.1 +89.9% 76.9 503.5  
Group net income 305.9 364.7 670.6 +66.7% 101.5 402.4
   
Balance sheet  
Policyholders´ surplus 14,822.2 14,859.2 +5.6% 13,715.1 14,071.0
Equity attributable to shareholders of Hannover Rück SE 11,043.0 11,050.6 +0.5% 10,687.7 10,995.0
Non-controlling interests 803.3 831.7 -1.5% 791.6 844.4
Hybrid capital 2,976.0 2,976.9 +33.4% 2,235.8 2,231.6
Investments
(excl. funds withheld by ceding companies)
52,282.9 52,847.7 +7.8% 48,768.1 49,001.6
Total assets 77,038.8 78,099.2 +9.3% 73,307.1 71,437.5
 
Share
Earnings per share (basic and diluted) in EUR 2.54 3.02 5.56 +66.7% 0.84 3.34
Book value per share in EUR 91.57 91.63 +0.5% 88.62 91.17.
Share price at the end of the period in EUR 155.80 141.10 -8.0% 153.40 130.30
Market capitalisation at the end of the period 18,789.0 17,016.3 -8.0% 18,499.6 15,713.8
 
Ratios  
Combined ratio (property and casualty reinsurance)2 96.2% 95.7% 96.0% 104.8% 102.3%  
Large losses as percentage of net premium earned (property and casualty reinsurance3 5.0% 3.3% 4.2% 12.8% 10.7%  
Retention 91.5% 89.2% 90.4% 90.4% 90.8%  
Return on investment (excl. funds withheld by ceding companies) 2.5% 2.9% 2.7% 2.2% 2.7%  
EBIT margin4 7.1% 9.5% 8.3% 1.5% 4.9%  
Return on equity (after tax) 11.1% 13.2% 12.2% 3.8% 7.6%