Annual Report 2023

» The 2023 financial year was a highly successful one for Hannover Re. With Group net income of EUR 1.8 billion, for example. we outperformed our target for 2023. We similarly posted very good results in our two business groups, namely Property & Casualty reinsurance and Life & Health reinsurance, as well as in our investments and we generated further profitable growth. Despite the ongoing challenging macroeconomic and geopolitical landscape, it is a source of pride for me that with our team of staff we were able to safeguard the sustained profitability of our business and thereby underscored our role as a reliable partner and robustly capitalised reinsurer. «