Hannover Rück SE

Hannover Rück SE

HNR1 · XETRA · Financial Services / Insurance - Reinsurance

299.60EUR+2.80 (+0.94%)

Price History

Full chart

Market Stats

Previous Close296.80
Open298.80
Day Range298.00 – 301.80
52-Week Range221.82 – 267.70
Volume123.59K
Market Cap30.75B
P/E (TTM)11.25
Forward P/E10.46
EPS22.67
Dividend Yield4.90%
Beta0.13
50-Day Avg253.80
200-Day Avg250.86

About

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; natural catastrophe; credit, surety, and political risks; cyber; digital; marine and upstream energy; natural catastrophes; advanced and facultative business, insurance-linked securities and structured reinsurance; and parametric solutions. It also offers risk solutions in the areas of critical illness, disability, health, longevity, long term care, and mortality. In addition, the company offers group life, retirement, lifestyle, credit life, and Takaful reinsurance products. Further, the company provides various financial solutions, including new-business financing; monetization of embedded value; reserve and solvency relief; and reinsurance and solvency II businesses. The company was formerly known as Hannover Rückversicherung AG and changed its name to Hannover Rück SE in March 2013. Hannover Rück SE was founded in 1966 and is based in Hanover, Germany. Hannover Rück SE operates as a subsidiary of Talanx AG.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Reinsurance
  • CEOMr. Clemens Jungsthofel
  • Employees4.09K
  • HeadquartersKarl-Wiechert-Allee 50, Hanover, Germany, 30625, Germany
  • Websitehttps://www.hannover-re.com

Leadership

  • Mr. Clemens JungsthofelCEO & Chairman of the Executive Board · b. 1970
  • Mr. Claude Jacques ChèvreMember of the Executive Board · b. 1967
  • Mr. Sven AlthoffMember of the Executive Board · b. 1969
  • Ms. Silke SehmMember of Executive Board · b. 1969
  • Ms. Sharon OoiMember of Executive Board
  • Mr. Thorsten SteinmannMember of the Executive Board · b. 1973
  • Dr. Christian HermelingmeierCFO & Member of Executive Board · b. 1980
  • Ms. Brona MageeMember of the Executive Board · b. 1975
  • Mr. Karl SteinleGeneral Manager Investor & Rating Agency Relations
  • Thomas FiedlerManaging Director & Chief Compliance Officer

Financials

Income Statement

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue35.06B34.46B--8.28B8.44B7.75B10.44B11.43B12.17B13.92B13.66B14.04B16.33B16.08B17.54B18.97B21.58B23.17B26.28B22.21B21.98B23.91B24.02B
Growth (%)--1.70%---+1.94%-8.27%+34.80%+9.43%+6.53%+14.34%-1.83%+2.72%+16.33%-1.50%+9.09%+8.11%+13.79%+7.37%+13.42%-15.49%-1.02%+8.77%+0.45%
Cost of Revenue-----1.78B1.65B2.03B2.26B2.33B2.66B2.63B2.57B14.37B14.16B15.93B4.15B19.73B-2.23M-76.70M634.40M126.70M-
Gross Profit35.06B34.46B--8.28B6.67B6.09B8.42B9.16B9.84B11.26B11.03B11.47B16.33B16.08B17.54B14.81B21.58B23.17B26.28B1.31B21.35B2.53B26.80B
Gross Margin100.00%100.00%--100.00%78.93%78.65%80.60%80.19%80.83%80.91%80.73%81.72%100.00%100.00%100.00%78.10%100.00%100.00%100.00%5.90%97.11%10.58%111.58%
Operating Expense34.64B33.78B--7.54B5.82B6.02B7.35B8.07B9.10B9.97B9.93B10.10B14.57B14.39B16.18B13.29B19.73B21.96B24.55B-112.80M19.49B-684.40M23.39B
Operating Income413.37M677.34M--742.15M850.40M70.63M1.07B1.09B742.25M1.29B1.10B1.37B1.76B1.69B1.36B1.52B1.85B1.21B1.73B1.42B1.85B3.21B3.41B
Operating Margin1.18%1.97%--8.96%10.07%0.91%10.21%9.53%6.10%9.26%8.07%9.77%10.75%10.50%7.78%8.01%8.59%5.24%6.60%6.41%8.43%13.44%14.21%
EBITDA714.38M878.29M-9.27M-37.74M873.32M1.09B702.99M1.23B1.16B893.00M1.52B1.34B1.58B1.87B1.76B1.40B1.71B1.99B1.44B1.71B1.44B2.10B3.37B26.80B
EBITDA Margin2.04%2.55%--10.54%12.93%9.08%11.80%10.18%7.34%10.93%9.78%11.28%11.43%10.94%7.96%8.99%9.22%6.20%6.51%6.49%9.56%14.07%111.58%
Net Income267.17M354.78M--514.39M721.66M-126.99M774.06M830.90M605.97M849.59M895.47M985.65M1.15B1.17B958.55M1.06B1.28B883.07M1.23B1.41B1.82B2.33B2.64B
Net Income Margin0.76%1.03%--6.21%8.55%-1.64%7.41%7.27%4.98%6.10%6.55%7.02%7.05%7.28%5.46%5.59%5.95%3.81%4.69%6.35%8.30%9.74%11.00%
Interest Expense00---148.38M94.79M76.65M89.32M142.63M180.36M203.70M154.44M232.44M219.82M234.61M92.42M99.56M102.65M98.32M100.90M157.60M152.10M133.60M
Interest Expense % of Total Revenue0.00%0.00%---1.76%1.22%0.73%0.78%1.17%1.30%1.49%1.10%1.42%1.37%1.34%0.49%0.46%0.44%0.37%0.45%0.72%0.64%0.56%

Balance Sheet

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets33.58B32.97B36.18B39.79B41.39B37.07B37.49B40.84B46.73B49.87B54.81B53.92B60.46B63.21B63.53B61.20B64.51B71.36B71.44B82.90B62.96B65.67B72.13B71.33B
Total Liabilities31.84B30.57B33.65B37.19B37.88B33.15B34.16B36.58B41.61B44.26B48.07B47.35B52.20B54.44B53.79B51.91B54.97B60.00B59.60B70.15B53.00B54.65B59.44B57.40B
Total Equity1.74B2.40B2.53B2.60B2.90B3.35B2.83B3.71B4.51B4.97B6.06B5.89B7.55B8.07B9.00B8.53B8.78B10.53B11.00B11.89B9.06B10.13B11.79B12.93B
Cash671.87M386.13M--351.78M335.42M430.23M457.41M447.75M506.96M572.19M642.94M772.88M821.00M848.67M835.71M1.07B1.09B1.28B1.36B1.32B1.05B1.25B1.05B
Total Debt----1.43B1.41B1.42B1.48B2.06B1.93B2.40B2.46B2.27B1.80B35.88B34.03B36.18B3.47B3.44B4.37B5.51B4.88B4.67B4.14B
Net Debt-671.87M-386.13M--1.08B1.08B989.80M1.02B1.61B1.43B1.83B1.82B1.50B977.34M955.55M906.33M1.49B2.37B2.15B3.02B4.19B3.82B3.42B3.09B

Cash Flow

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.62B1.84B1.79B1.73B1.66B912.05M1.46B1.75B1.68B2.52B2.64B2.23B1.93B3.10B2.33B1.69B2.22B2.51B3.23B4.94B5.16B5.79B5.68B5.69B
Investing Cash Flow-1.80B-640.39M---1.71B-678.71M-1.03B-1.79B-1.99B-2.04B-2.71B-1.76B-1.20B-2.11B-1.71B-942.25M-2.08B-2.71B-2.24B-5.26B-5.38B-4.51B-4.41B-4.05B
Financing Cash Flow-35.09M461.60M200.25M191.48M-37.31M-233.15M-318.67M57.76M283.35M-449.87M148.37M-347.68M-647.61M-1.05B-626.91M-690.04M149.51M108.25M-726.04M277.51M133.25M-1.50B-1.10B-1.72B
Capital Expenditure158.66M96.61M000166.00K142.55M55.87M112.96M023.74M273.35M198.79M148.59M183.80M265.07M84.57M102.89M369.33M344.12M0005.69B
Free Cash Flow1.46B1.75B1.79B1.73B1.66B911.89M1.46B1.70B1.57B2.52B2.64B2.23B1.93B3.10B2.33B1.69B2.22B2.61B2.86B4.60B5.16B5.79B5.68B5.69B
Dividends Paid-82.59M--10.49M225.98M318.87M13.66M283.99M315.84M321.99M410.28M361.79M512.54M612.95M647.07M602.99M687.25M708.84M588.48M723.48M723.60M868.30M1.12B
FCF to OCF90.18%94.76%100.00%100.00%99.82%99.98%100.00%96.81%93.28%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%104.10%88.57%93.03%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-4.73%--0.63%24.78%21.86%0.81%18.11%12.52%12.21%18.44%18.74%16.51%26.29%38.20%27.11%26.31%24.77%12.80%14.01%12.51%15.28%19.72%

Earnings

Report DateMar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001May 6, 2008Aug 4, 2008Nov 5, 2008Mar 11, 2009May 5, 2009Aug 6, 2009May 4, 2010Aug 10, 2010Nov 10, 2010Mar 9, 2011May 4, 2011Aug 8, 2011Nov 9, 2011Mar 8, 2012May 3, 2012Aug 10, 2012Nov 6, 2012Mar 7, 2013May 7, 2013Aug 7, 2013Oct 30, 2013Mar 11, 2014May 22, 2014Aug 6, 2014Nov 5, 2014Mar 9, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Mar 10, 2016May 10, 2016Aug 4, 2016Nov 10, 2016Mar 9, 2017May 10, 2017Aug 10, 2017Nov 8, 2017Mar 13, 2018May 7, 2018Aug 9, 2018Nov 7, 2018Mar 7, 2019May 7, 2019Aug 8, 2019Nov 6, 2019Mar 11, 2020May 7, 2020Aug 5, 2020Nov 4, 2020Mar 11, 2021May 4, 2021Aug 5, 2021Nov 3, 2021Mar 10, 2022May 3, 2022Aug 3, 2022Nov 3, 2022Mar 8, 2023May 11, 2023Aug 8, 2023Nov 8, 2023Mar 18, 2024May 14, 2024Aug 12, 2024Nov 11, 2024Mar 13, 2025May 13, 2025Aug 12, 2025Nov 10, 2025Mar 12, 2026May 11, 2026Aug 11, 2026Nov 9, 2026
EPS Estimate----------0.821.391.781.400.961.271.251.67-1.511.761.30-1.421.241.871.721.861.682.311.932.201.892.431.982.022.072.702.152.14-0.752.172.112.180.512.532.442.942.312.332.491.611.431.792.542.590.393.112.432.812.424.004.923.473.593.254.694.374.584.714.516.905.335.545.985.435.32
EPS Actual0.460.87-2.280.991.260.84-3.280.131.791.681.301.322.251.380.431.381.351.862.171.192.201.561.841.541.702.341.931.752.082.412.092.092.113.022.251.782.523.162.202.240.113.402.272.341.412.772.432.242.822.332.490.852.201.782.543.021.543.112.193.191.844.454.023.943.643.534.635.005.504.183.986.915.405.615.895.77-
Surprise----------58.54%-5.04%26.40%-1.43%-55.21%8.66%8.00%11.38%--21.19%25.00%20.00%-8.45%37.10%25.13%12.21%-5.91%23.81%4.33%8.29%-5.00%11.64%24.28%13.64%-11.88%21.74%17.04%2.33%4.67%114.67%56.68%7.58%7.34%176.47%9.49%-0.41%-23.81%22.08%0.00%0.00%-47.20%53.85%-0.56%0.00%16.60%294.87%0.00%-9.88%13.52%-23.97%11.25%-18.29%13.54%1.39%8.62%-1.28%14.42%20.09%-11.25%-11.70%0.14%1.31%1.26%-1.50%6.26%-
Timing----------After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hours-After-hoursPre-marketAfter-hours-After-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hours-After-hours--Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hours-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap30.75B
Enterprise Value33.65B
Trailing P/E11.25
Forward P/E10.46
PEG Ratio4.76
Price / Sales1.36
Price / Book2.30
EPS22.67
Book Value110.00
Revenue (TTM)22.67B
Gross Profit (TTM)4.13B
EBITDA3.44B
Profit Margin12.06%
Operating Margin14.15%
Return on Equity22.16%
Return on Assets2.92%
Shares Outstanding120.60M
Shares Float60.06M
Beta0.13
Dividend Yield4.90%
Dividend Rate12.50
Payout Ratio55.14%

Dividends

20261×
12.50May 7, 2026
20251×
9.00May 8, 2025
20241×
7.20May 7, 2024
20231×
6.00May 4, 2023
20221×
5.75May 5, 2022
20211×
4.50May 6, 2021
20201×
5.50May 7, 2020
20191×
5.25May 9, 2019
20181×
5.00May 8, 2018
20171×
5.00May 11, 2017
20161×
4.75May 11, 2016
20151×
4.25May 7, 2015
20141×
3.00May 8, 2014
20131×
3.40May 8, 2013
20121×
2.10May 4, 2012
20111×
2.30May 4, 2011
20101×
2.10May 5, 2010
20081×
2.30May 7, 2008
20071×
1.60May 4, 2007
20051×
1.00Jun 15, 2005
20041×
0.95Jun 3, 2004
20031×
0.85May 28, 2003
20011×
0.85Jul 23, 2001
20001×
0.01Jul 21, 2000

Stock Splits

  • Jul 15, 20023:1