Glossary

Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!

• Target solvency capital
  regulatory solvency capital requirement in accordance with Solvency II standards. At Hannover Re this is calculated using an internal model.
• Technical result
  balance of income and expenditure allocated to the insurance business and shown in the technical statement of income.
• Treaty reinsurance
  cf. obligatory reinsurance