Key Figures

Table as Excel file: 
in Mio. EUR 2021+/-
previous year
2020 12019 20182017 
Results      
Gross written premium 27,762.3+12,1 %24,770.322,597.6 19,176.417,790.5
Net premium earned 24,143.7+13,0 %21,360.819,729.7 17,289.115,631.7
Net underwriting result 2 (211.1)(691.0)(9.7) 156.9(253.6)
Net investment income 1,943.0+15,3 %1,685.51,757.1 1,530.01,773.9
Operating profit (EBIT) 1,734.8+42.9%1,214.11,853.2 1,596.61,364.4
Group net income 1,231.3+39.4%883.11,284.2 1,059.5958.6
 
Balance sheet  
Policyholders´ surplus 15,733.6+11.8%14,071.013,588.9 11,035.110,778.5
Equity attributable to shareholders of Hannover Rück SE 11,885.0+8.1%10,995.010,528.0 8,776.88,528.5
Non-controlling interests 871.2+3.2%844.4826.5 765.2758.1
Hybrid capital 2,977.4+33.4%2,231.62,234.4 1,493.11,492.0
Investments (excl. funds withheld by ceding companies) 56,213.2+14.7%49,001.647,629.4 42,197.340,057.5
Total assets 82,902.3+16.0%71,437.571,356.4 64,508.661,196.8
 
Share  
Earnings per share (basic and diluted) in EUR 10.21+39.5%7.3210.65 8.797.95
Book value per share in EUR 98.55+8.1%91.1787.30 72.7870.72
Dividend 693.4+27.8%542.7663.3 633.1603.0
Dividend per share in EUR 4.50 + 1.25 3,4+27.8%4.50 44.00 + 1.50 4 3.75 + 1.50 43.50 + 1.50 4
Share price at year-end in EUR 167.15+28.3%130.30172.30 117.70104.90
Market capitalisation at year-end 20,157.8+28.3%15,713.820,778.9 14,194.312,650.6
 
Ratios   
Combined ratio (property and casualty reinsurance) 2 97.7% 101.6%98.2% 96.5%99.8%
Large losses as percentage of net premium earned (property and casualty reinsurance) 5 7.5% 11.2%7.5% 7.9%12.3%
Retention 89.5% 90.1%90.0% 90.7%90.5%
Return on investment (excl. funds withheld by ceding companies) 3.2% 3.0%3.5% 3.2%3.8%
EBIT margin 6 7.2% 5.7%9.4% 9.2%8.7%
Return on equity (after tax) 10.8% 8.2%13.3% 12.2%10.9%