Hannover Rück SE · ISIN: DE0008402215 · EQS - Company News

Hannover Re raises profit target for 2024 and expects Group net income of around EUR 2.4 billion for 2025

Hannover Re raises profit target for 2024 and expects Group net income of around EUR 2.4 billion for 2025 Group net income after three quarters increases by 30.4% to EUR 1.8 billion Reinsurance revenue grows by 7.0% adjusted for exchange rate effects to EUR 19.7 billion Large losses in property and casualty reinsurance within the budgeted expectation Result in life and health reinsurance in line with expectations Return on investment reaches 3.1% Return on equity stands at 22.9% Full-...

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Corporate News Hannover Rück SE

In this overview you can view company news in the chronological order of publication. The source information comes from EQS News, the leading European news distributor. The most recent news item is listed first.
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11 November 2024 07:30AM
Hannover Re raises profit target for 2024 and expects Group net income of around EUR 2.4 billion for 2025
Hannover Re raises profit target for 2024 and expects Group net income of around EUR 2.4 billion for 2025 Group net income after three quarters increases by 30.4% to EUR 1.8 billion Reinsurance revenue grows by 7.0% adjusted for exchange rate effects to EUR 19.7 billion Large losses in property and casualty reinsurance within the budgeted expec...
Hannover Rück SE
08 November 2024 10:43AM
Chief Executive Officer Jean-Jacques Henchoz hands over to Clemens Jungsthöfel on 1 April 2025
Change of leadership at Hannover Re: Chief Executive Officer Jean-Jacques Henchoz hands over to Clemens Jungsthöfel on 1 April 2025 Jean-Jacques Henchoz will not extend his expiring contract at his own request and will leave the Executive Board on 31 March 2025 Chief Financial Officer Clemens Jungsthöfel to take over as Chief Executive Officer of...
Hannover Rück SE
08 November 2024 10:40AM
Chief Executive Officer Jean-Jacques Henchoz hands over to Clemens Jungsthöfel on 1 April 2025
Jean-Jacques Henchoz will not extend his expiring contract at his own request and will leave the Executive Board on 31 March 2025 Chief Financial Officer Clemens Jungsthöfel to take over as Chief Executive Officer of Hannover Re from 1 April 2025 Christian Hermelingmeier, Chief Financial Officer of HDI Global SE, succeeds as Chief Financial Offic...
Hannover Rück SE
21 October 2024 07:30AM
E+S Rück expects further improvements in prices as well as terms and conditions in Germany after losses caused by severe weather events
E+S Rück expects further improvements in prices as well as terms and conditions in Germany after losses caused by severe weather events Flood catastrophes cause further significant losses Claims expenditure in motor insurance continues to rise significantly Increased capacity sought for high-quality reinsurance protection, especially for natur...
Hannover Rück SE
09 September 2024 07:30AM
Hannover Re sees continued strong demand for high-quality reinsurance protection
Hannover Re sees continued strong demand for high-quality reinsurance protection Strong market demand for high-quality reinsurance protection Reinsurance prices and conditions have stabilised Terms and conditions continue to be attractive, particularly in non-proportional reinsurance Hannover Re well positioned for profitable growth as prefe...
Hannover Rück SE
12 August 2024 08:00AM
Hannover Re appoints Brona Magee to succeed Klaus Miller on the Executive Board
Hannover Re appoints Brona Magee to succeed Klaus Miller on the Executive Board Brona Magee to join the Executive Board of Hannover Re effective 1 January 2025 She will succeed Klaus Miller, who will remain with the company in an advisory role Hannover, 12 August 2024: The Supervisory Board of Hannover Rück SE has appointed Brona Magee (49) as ...
Hannover Rück SE
12 August 2024 07:30AM
Hannover Re reports higher revenue and earnings
Hannover Re reports higher revenue and earnings Group net income increases by 21% to EUR 1.2 billion Reinsurance revenue grows by 5.2% to EUR 12.9 billion Large losses in property and casualty reinsurance within budget Result for life and health reinsurance in line with expectations Return on investment of 3.3% generated Return on equity rea...
Hannover Rück SE
14 May 2024 07:30AM
Hannover Re increases quarterly profit to EUR 558 million
Hannover Re increases quarterly profit to EUR 558 million Group net income up by 15% to EUR 558 million Reinsurance revenue rises to EUR 6.7 billion Large losses in property and casualty reinsurance comfortably within budgeted and booked expectation Result in life and health reinsurance in line with expectations Return on investment ahead of...
Hannover Rück SE
06 May 2024 06:30PM
Annual General Meeting of Hannover Rück SE approves dividend increase and appointment of new Supervisory Board members
Annual General Meeting of Hannover Rück SE approves dividend increase and appointment of new Supervisory Board members Total dividend of EUR 7.20 per share approved Chief Executive Officer Jean-Jacques Henchoz confident of further growing profitability over the strategy cycle 2024-2026 Hannover, 6 May 2024: The Annual General Meeting of Hannover...
Hannover Rück SE
06 May 2024 06:30PM
Annual General Meeting of Hannover Rück SE approves dividend increase and appointment of new Supervisory Board members
Annual General Meeting of Hannover Rück SE approves dividend increase and appointment of new Supervisory Board members Total dividend of EUR 7.20 per share approved Chief Executive Officer Jean-Jacques Henchoz confident of further growing profitability over the strategy cycle 2024-2026 Hannover, 6 May 2024: The Annual General Meeting of Hannover...
Hannover Rück SE
26 March 2024 09:30AM
Hannover Re combines cyber and digital underwriting expertise in new specialty reinsurance business unit
Corporate news Hannover Re combines cyber and digital underwriting expertise in new specialty reinsurance business unit New organisational structure to boost further development and scaling of profitable business opportunities in cyber and digital New business unit to be established effective 1 April 2024 Stefan Sperlich to lead the new busines...
Hannover Rück SE
18 March 2024 08:00AM
Hannover Re appoints Thorsten Steinmann to the Executive Board to succeed Michael Pickel, who will retire
Corporate news Hannover Re appoints Thorsten Steinmann to the Executive Board to succeed Michael Pickel, who will retire  Thorsten Steinmann to join the Executive Board of Hannover Re and E+S Rück on 1 September 2024 Michael Pickel to retire on 31 December 2024 Hannover, 18 March 2024: The Supervisory Boards of Hannover Rück SE and E+S Rückversi...
Hannover Rück SE
18 March 2024 07:30AM
Hannover Re beats full-year earnings target and raises dividend
Corporate news Hannover Re beats full-year earnings target and raises dividend Group net income improves to EUR 1.8 billion Return on equity of 19.0% comfortably above minimum target Reinsurance revenue climbs to EUR 24.5 billion Contractual service margin (net) increases by 17.4% to EUR 7.7 billion Substantially improved risk-adjusted pric...
Hannover Rück SE
07 February 2024 07:30AM
Hannover Re confirms guidance for 2024 on the back of further improvements in terms and conditions and sustained attractive prices
Corporate news Hannover Re confirms guidance for 2024 on the back of further improvements in terms and conditions and sustained attractive prices Growth of 6.9% with further improvements in terms and conditions in the 1 January property and casualty reinsurance renewals Average inflation- and risk-adjusted price increase of 2.3% Focus on susta...
Hannover Rück SE
06 February 2024 06:20PM
Hannover Re to achieve full-year profit target; operating result 2023 impacted by reserve increase above planned level
Based on preliminary, unaudited financial figures, Hannover Re reached an operating result (EBIT) of EUR 1.97 billion (consensus: EUR 2.40 billion) in the financial year 2023. An increase in reserves in Property & Casualty reinsurance had a significant impact on EBIT, particularly in the fourth quarter, which led to a much greater increase in ...
Hannover Rück SE
12 December 2023 08:00AM
Hannover Re expects Group net income of at least EUR 2.1 billion for 2024 and sets out financial ambition for 2024-2026 strategy cycle
Corporate news Hannover Re expects Group net income of at least EUR 2.1 billion for 2024 and sets out financial ambition for 2024-2026 strategy cycle Guidance for 2024: Group net income of at least EUR 2.1 billion, reinsurance revenue to grow by more than 5% Targets in current strategy cycle clearly overachieved Strategy cycle 2024-2026 and f...
Hannover Rück SE
09 November 2023 07:30AM
Hannover Re boosts earnings and is well on track for full-year profit target
Corporate news Hannover Re boosts earnings and is well on track for full-year profit target Group net income rises by 25% to EUR 1.4 billion Reinsurance revenue reaches EUR 18.5 billion Large losses in property and casualty reinsurance within budget Result in life and health reinsurance as expected Return on investment beats target at 3.0...
Hannover Rück SE
23 October 2023 07:30AM
E+S Rück expects further improvements in prices and conditions for property and casualty reinsurance in Germany due to sustained high inflation and claims expenditure
Corporate news E+S Rück expects further improvements in prices and conditions for property and casualty reinsurance in Germany due to sustained high inflation and claims expenditure Significant increase in average claims results in substantially higher payments in motor insurance Frequency of medium-severity natural catastrophes leads to sustai...
Hannover Rück SE
11 September 2023 07:30AM
Hannover Re anticipates improved global reinsurance market terms and conditions to reflect rising loss costs
Corporate news Hannover Re anticipates improved global reinsurance market terms and conditions to reflect rising loss costs  Geopolitical uncertainties, sustained high rates of inflation and rising costs from large losses are likely to result in further improvements in prices and conditions Growing protection gaps in areas such as natural catas...
Hannover Rück SE
09 August 2023 07:30AM
Hannover Re confirms full-year earnings target after good first six months
Corporate news Hannover Re confirms full-year earnings target after good first six months Reinsurance revenue up by 3.9% to EUR 12.3 billion Large losses in property and casualty reinsurance within the budgeted expectations Result in life and health reinsurance beats expectations Return on investment above target at 3.0% Group net income...
Hannover Rück SE
11 May 2023 07:30AM
Hannover Re very well on track for 2023 full-year target with quarterly profit of EUR 484 million
Corporate news Hannover Re very well on track for 2023 full-year target with quarterly profit of EUR 484 million Reinsurance revenue reaches EUR 6.6 billion Large losses in property and casualty reinsurance within the bounds of expectations Result in life and health reinsurance well on track Return on investment ahead of target at 2.7% Grou...
Hannover Rück SE
11 May 2023 07:30AM
Hannover Re very well on track for 2023 full-year target with quarterly profit of EUR 484 million
Corporate news Hannover Re very well on track for 2023 full-year target with quarterly profit of EUR 484 million Reinsurance revenue reaches EUR 6.6 billion Large losses in property and casualty reinsurance within the bounds of expectations Result in life and health reinsurance well on track Return on investment ahead of target at 2.7% Grou...
Hannover Rück SE
03 May 2023 05:00PM
Annual General Meeting of Hannover Rück SE adopts all proposed resolutions
Corporate news Annual General Meeting of Hannover Rück SE adopts all proposed resolutions Total dividend of EUR 6.00 per share approved Chief Executive Officer Jean-Jacques Henchoz emphasises Hannover Re's role as a reliable partner Hannover, 3 May 2023: The virtual Annual General Meeting of Hannover Rück SE today approved all proposed resolu...
Hannover Rück SE
03 May 2023 05:00PM
Annual General Meeting of Hannover Rück SE adopts all proposed resolutions
Corporate news Annual General Meeting of Hannover Rück SE adopts all proposed resolutions Total dividend of EUR 6.00 per share approved Chief Executive Officer Jean-Jacques Henchoz emphasises Hannover Re's role as a reliable partner Hannover, 3 May 2023: The virtual Annual General Meeting of Hannover Rück SE today approved all proposed resolu...
Hannover Rück SE
09 March 2023 07:30AM
Hannover Re raises dividend after double-digit increases in earnings and premium
Corporate news Hannover Re raises dividend after double-digit increases in earnings and premium Gross premium for the Group up by 19.9% to EUR 33.3 billion Group net income improves by 14.2% to EUR 1.41 billion Major loss expenditure including reserve established for possible losses in connection with the war in Ukraine higher than budgeted  ...
Hannover Rück SE
09 March 2023 07:30AM
Hannover Re raises dividend after double-digit increases in earnings and premium
Corporate news Hannover Re raises dividend after double-digit increases in earnings and premium Gross premium for the Group up by 19.9% to EUR 33.3 billion Group net income improves by 14.2% to EUR 1.41 billion Major loss expenditure including reserve established for possible losses in connection with the war in Ukraine higher than budgeted  ...
Hannover Rück SE
08 February 2023 07:30AM
Hannover Re achieves significantly better prices and conditions in 1 January renewals and further increases profitability of the business
Corporate news Hannover Re achieves significantly better prices and conditions in 1 January renewals and further increases profitability of the business Substantially improved market conditions in property and casualty reinsurance due to tighter capacities and continued heavy loss expenditure in 2022 Far-reaching and significant improvements in...
Hannover Rück SE
08 February 2023 07:30AM
Hannover Re achieves significantly better prices and conditions in 1 January renewals and further increases profitability of the business
Corporate news Hannover Re achieves significantly better prices and conditions in 1 January renewals and further increases profitability of the business Substantially improved market conditions in property and casualty reinsurance due to tighter capacities and continued heavy loss expenditure in 2022 Far-reaching and significant improvements in...
Hannover Rück SE
01 February 2023 07:30AM
Hannover Re achieves Group net income of EUR 1.41 billion in 2022 and expects increase to at least EUR 1.7 billion in 2023
Corporate news Hannover Re achieves Group net income of EUR 1.41 billion in 2022 and expects increase to at least EUR 1.7 billion in 2023  Preliminary Group net income of EUR 1.41 billion in 2022 Gross premium increases by 12.7% in 2022 adjusted for exchange rate effects Return on investment reaches 3.2% in the 2022 financial year Return on ...
Hannover Rück SE
01 February 2023 07:30AM
Hannover Re achieves Group net income of EUR 1.41 billion in 2022 and expects increase to at least EUR 1.7 billion in 2023
Corporate news Hannover Re achieves Group net income of EUR 1.41 billion in 2022 and expects increase to at least EUR 1.7 billion in 2023  Preliminary Group net income of EUR 1.41 billion in 2022 Gross premium increases by 12.7% in 2022 adjusted for exchange rate effects Return on investment reaches 3.2% in the 2022 financial year Return on ...
Hannover Rück SE
31 January 2023 07:05PM
Hannover Rück SE: Hannover Re expects Group net income of at least EUR 1.7 billion in 2023
Based on the continued favourable market environment, Hannover Re expects to grow its Group net income* to at least EUR 1.7 billion for the 2023 financial year. The 2023 consolidated financial statements will be prepared using the new accounting standards (IFRS 17/9) for the first time. Reinsurance revenue is expected to grow by at least 5% at cons...
Hannover Rück SE
31 January 2023 07:05PM
Hannover Re expects Group net income of at least EUR 1.7 billion in 2023
Based on the continued favourable market environment, Hannover Re expects to grow its Group net income* to at least EUR 1.7 billion for the 2023 financial year. The 2023 consolidated financial statements will be prepared using the new accounting standards (IFRS 17/9) for the first time. Reinsurance revenue is expected to grow by at least 5% at cons...
Hannover Rück SE
19 January 2023 01:01PM
Hannover Re partners with Stone Ridge in first cyber risks transfer to the capital markets through proportional reinsurance
Corporate news Hannover Re partners with Stone Ridge in first cyber risks transfer to the capital markets through proportional reinsurance Stone Ridge provides USD 100 million in capital for proportional coverage of cyber risks for Hannover Re This is another innovative step in Hannover Re's risk protection strategy Hannover Re and Stone Ridg...
Hannover Rück SE
03 November 2022 07:30AM
Hannover Re considers 2022 earnings guidance still achievable despite substantial major loss expenditure
Corporate news Hannover Re considers 2022 earnings guidance still achievable despite substantial major loss expenditure   Gross premium grows by 21% Combined ratio rises to 99.2% after extraordinary major loss expenditure Pandemic-related losses in life and health reinsurance sharply lower Return on investment ahead of target at 2.9% Group ...
Hannover Rück SE
03 November 2022 07:30AM
Hannover Re considers 2022 earnings guidance still achievable despite substantial major loss expenditure
Corporate news Hannover Re considers 2022 earnings guidance still achievable despite substantial major loss expenditure   Gross premium grows by 21% Combined ratio rises to 99.2% after extraordinary major loss expenditure Pandemic-related losses in life and health reinsurance sharply lower Return on investment ahead of target at 2.9% Group ...
Hannover Rück SE
24 October 2022 07:30AM
E+S Rück considers further price increases unavoidable due to high inflation and major loss burden
Corporate news E+S Rück considers further price increases unavoidable due to high inflation and major loss burden Significantly increased loss burden in motor insurance owing to higher average claims; claims frequency largely normalised Natural catastrophe losses take another substantial toll on insurance industry in 2022 Greater risk awarene...
Hannover Rück SE
24 October 2022 07:30AM
E+S Rück considers further price increases unavoidable due to high inflation and major loss burden
Corporate news E+S Rück considers further price increases unavoidable due to high inflation and major loss burden Significantly increased loss burden in motor insurance owing to higher average claims; claims frequency largely normalised Natural catastrophe losses take another substantial toll on insurance industry in 2022 Greater risk awarene...
Hannover Rück SE
12 September 2022 07:30AM
Hannover Re expects further price increases next year
Corporate news Hannover Re expects further price increases next year Large loss trend, pandemic and rising inflation require further improvements in prices and conditions Positive effect of higher interest rates on investment income will only be seen after a time lag Strong demand for coverage from particularly financially robust reinsurers r...
Hannover Rück SE
12 September 2022 07:30AM
Hannover Re expects further price increases next year
Corporate news Hannover Re expects further price increases next year Large loss trend, pandemic and rising inflation require further improvements in prices and conditions Positive effect of higher interest rates on investment income will only be seen after a time lag Strong demand for coverage from particularly financially robust reinsurers r...
Hannover Rück SE
04 August 2022 08:30AM
Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific
Corporate news Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific Sharon Ooi to join from Swiss Re in January 2023 Additional seat on the Executive Board to strengthen focus on Asia Hannover, 4 August 2022: The Supervisory Board of Hannover Rück SE has appointed Sharon Ooi as an ad...
Hannover Rück SE
04 August 2022 08:30AM
Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific
Corporate news Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific Sharon Ooi to join from Swiss Re in January 2023 Additional seat on the Executive Board to strengthen focus on Asia Hannover, 4 August 2022: The Supervisory Board of Hannover Rück SE has appointed Sharon Ooi as an ad...
Hannover Rück SE
04 August 2022 07:30AM
Hannover Re confirms profit guidance for 2022 with sustained profitable growth in the first half-year
Corporate news Hannover Re confirms profit guidance for 2022 with sustained profitable growth in the first half-year Gross premium up by 19.9% Major losses in property and casualty reinsurance higher than expected in the first half-year Provisions for possible losses from the war in Ukraine totalling altogether EUR 316 million Lower pandemic-...
Hannover Rück SE
04 August 2022 07:30AM
Hannover Re confirms profit guidance for 2022 with sustained profitable growth in the first half-year
Corporate news Hannover Re confirms profit guidance for 2022 with sustained profitable growth in the first half-year Gross premium up by 19.9% Major losses in property and casualty reinsurance higher than expected in the first half-year Provisions for possible losses from the war in Ukraine totalling altogether EUR 316 million Lower pandemic-...
Hannover Rück SE
04 May 2022 04:30PM
Annual General Meeting adopts all proposed resolutions
Corporate news Annual General Meeting adopts all proposed resolutions Dividend of EUR 5.75 per share approved Corporate culture, partnership-based solutions, capital strength and focus on reinsurance as the basis for sustained profitable growth Hannover, 4 May 2022: The virtual Annual General Meeting of Hannover Rück SE today approved all prop...
Hannover Rück SE
04 May 2022 07:30AM
Hannover Re generates quarterly profit of EUR 264 million despite substantial losses and confirms earnings guidance
Corporate news Hannover Re generates quarterly profit of EUR 264 million despite substantial losses and confirms earnings guidance Gross premium up by 13.9% adjusted for exchange-rate effects Major losses in property and casualty reinsurance above budgeted level for the first quarter Additional provision for possible losses from the war in Uk...
Hannover Rück SE
24 March 2022 07:30AM
Hannover Re makes insurtech innovation platform hr | equarium openly accessible
Corporate news Hannover Re makes insurtech innovation platform hr | equarium openly accessible Hannover Re strengthens strategic positioning as innovation catalyst Opening up of the platform facilitates even more partnerships between insurers and insurtechs Continuing popularity of the platform with insurers and insurtechs Hannover, 24 March 2...
Hannover Rück SE
10 March 2022 07:30AM
Hannover Re reports significantly higher earnings and pays dividend on record level
Corporate news Hannover Re reports significantly higher earnings and pays dividend on record level Gross premium grows by 12.1% Group net income improves by 39% to EUR 1.23 billion and reaches upper end of guidance Major loss expenditure above expectations Life and health reinsurance incurs pandemic losses of EUR 582 million Return on equity...
Hannover Rück SE
21 February 2022 07:30AM
Hannover Re transfers record volume of catastrophe bonds to the capital market
Corporate news Hannover Re transfers record volume of catastrophe bonds to the capital market Transferred issuance volume increases to more than USD 2.7 billion in 2021, spread across 11 catastrophe bonds Growing demand from companies outside the insurance industry Record volume expected on the ILS market for 2022 Hannover, 21 February 2022...
Hannover Rück SE
More Hannover Rück SE related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 0 - - DD
Short Seller (DE) 2 6th December 2013 WS Management, LLLP SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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