Key Figures
| Figures in EUR million | 2019 | +/- previous year |
2018 | 2017 | 2016 1 | 2015 | |
|---|---|---|---|---|---|---|---|
| Results | |||||||
| Gross written premium | 22,597.6 | +17.8% | 19,176.4 | 17,790.5 | 16,353.6 | 17,068.7 | |
| Net premium earned | 19,729.7 | +14.1% | 17,289.1 | 15,631.7 | 14,410.3 | 14,593.0 | |
| Net underwriting result 2 | (9.7) | (106.2%) | 156.9 | (253.6) | 448.1 | 488.9 | |
| Net investment income | 1,757.1 | +14.8% | 1,530.0 | 1,773.9 | 1,550.4 | 1,665.1 | |
| Operating profit (EBIT) | 1,853.2 | +16.1% | 1,596.6 | 1,364.4 | 1,689.3 | 1,755.2 | |
| Group net income | 1,284.2 | +21.2% | 1,059.5 | 958.6 | 1,171.2 | 1,150.7 | |
| Balance sheet | |||||||
| Policyholders´ surplus | 13,588.9 | +23.1% | 11,035.1 | 10,778.5 | 11,231.4 | 10,267.3 | |
| Equity attributable to shareholders of Hannover Rück SE | 10,528.0 | +20.0% | 8,776.8 | 8,528.5 | 8,997.2 | 8,068.3 | |
| Non-controlling interests | 826.5 | +8.0% | 765.2 | 758.1 | 743.3 | 709.1 | |
| Hybrid capital | 2,234.4 | +49.6% | 1,493.1 | 1,492.0 | 1,490.8 | 1,489.9 | |
| Investments (excl. funds withheld by ceding companies) | 47,629.4 | +12.9% | 42,197.3 | 40,057.5 | 41,793.5 | 39,346.9 | |
| Total assets | 71,356.4 | +10.6% | 64,508.6 | 61,196.8 | 63,594.5 | 63,214.9 | |
| Share | |||||||
| Earnings per share (basic and diluted) in EUR | 10.65 | +21.2% | 8.79 | 7.95 | 9.71 | 9.54 | |
| Book value per share in EUR | 87.30 | +20.0% | 72.78 | 70.72 | 74.61 | 66.90 | |
| Dividend | 663.3 | +4.8% | 633.1 | 603.0 | 603.0 | 572.8 | |
| Dividend per share in EUR | 4.00 + 1.50 3, 4 | +4.8% | 3.75 + 1.50 4 | 3.50 + 1.50 4 | 3.50 + 1.50 4 | 3.25 + 1.50 4 | |
| Share price at year-end in EUR | 172.30 | +46.4% | 117.70 | 104.90 | 102.80 | 105.65 | |
| Market capitalisation at year-end | 20,778.9 | +46.4% | 14,194.3 | 12,650.6 | 12,397.4 | 12,741.1 | |
| Ratios | |||||||
| Combined ratio (property and casualty reinsurance) 2 | 98.2% | 96.5% | 99.8% | 93.7% | 94.4% | ||
| Large losses as percentage of net premium earned (property and casualty reinsurance) 5 | 7.5% | 7.9% | 12.3% | 7.8% | 7.1% | ||
| Retention | 90.0% | 90.7% | 90.5% | 89.3% | 87.0% | ||
| Return on investment (excl. funds withheld by ceding companies) | 3.5% | 3.2% | 3.8% | 3.0% | 3.4% | ||
| EBIT margin 6 | 9.4% | 9.2% | 8.7% | 11.7% | 12.0% | ||
| Return on equity (after tax) | 13.3% | 12.2% | 10.9% | 13.7% | 14.7% | ||
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