- Home
- Figures
- Foreword
- Executive Board
- Share
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Management report
- Foundations of the Group
- Report on economic position
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Combined non-financial information statement
- Introduction
- Description of the business model
- Group and sustainability strategy
- Responsible corporate governance
- Compliance
- Risk management
- Stakeholder dialogue
- Risk expertise and risk assessment
- Sustainable insurance solutions
- ESG criteria in asset management
- Customer orientation and satisfaction
- Executive development / Employee advancement
- Employee retention
- Diversity
- Operational environmental protection
- Supplier management
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Opportunity and risk report
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Risk report
- Strategy implementation
- Major external factors
- Risk capital
- Risk management
- Risk management system
- Internal control system
- Risk landscape of Hannover Re
- 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
- Opportunity report
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Risk report
- Enterprise management
- Outlook
- Accounts
- Supervisory Board
- Sites
Analyst ratings
By the end of the year 30 analysts had handed down opinions on Hannover Re: three analysts (nine) recommended the Hannover Re share as “buy” or “overweight”. Altogether 17 opinions (18) were a “hold”, making this the most common. “Underweight” or “sell” recommendations were issued a total of ten (five) times. The analysts’ average price target continued to move higher in the year under review from EUR 110.49 at the start of the financial year to EUR 116.20 at yearend. This development is particularly pleasing in view of what is still a relatively superior valuation measured against peer companies.