Hannover Re Overview

  • Year Founded
  • 1966

Year Founded

  • Status
  • Public

  • Employees
  • 3,756

Employees

  • Stock Symbol
  • HNR1

Stock Symbol

  • Investments
  • 21

  • Share Price
  • $246.74
  • (As of Tuesday Closing)

Hannover Re General Information

Description

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.

Contact Information

Formerly Known As
Aktiengesellschaft für Transport- und Rückversicherung, Hannover Ruckversicherungs Aktiengesellschaft
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Re-Insurance
Stock Exchange
ETR
Corporate Office
  • Karl-Wiechert-Allee 50
  • 30625 Hannover
  • Germany
+49 0511 00000

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Hannover Re Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$246.74 $243.56 $200.76 - $279.00 $29.8B 121M 119K $16.37

Hannover Re Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 28,695,172 28,695,172 27,230,694 26,823,182
Revenue 1,222,312 1,222,312 1,459,242 30,915,935
EBITDA 1,518,752 2,133,849
Net Income 1,974,571 1,974,571 820,936 1,455,804
Total Assets 73,495,053 73,495,053 67,517,292 70,715,111
Total Debt 5,389,267 5,389,267 5,909,232 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Hannover Re Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Hannover Re Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunc
Re-Insurance
Hannover, Germany
3,756 As of 2023
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0ü0000

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00-000000000
Munich, Germany
00000 As of 0000
000000000000

000000

dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt u
00-000000000
Pembroke, Bermuda
0000 As of 0000
00000
00.00 0000-00-00
000000&0 00000
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Hannover Re Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Münchener Rückversicherungs-Gesellschaft Corporation Munich, Germany 00000 000000000000
PartnerRe Formerly PE-Backed Pembroke, Bermuda 0000 00000 000000&0 00000
TransRe London Corporation London, United Kingdom 00
Korean Reinsurance Company Corporation Seoul, South Korea 000 00000000
AXA XL Corporate Backed or Acquired Hamilton, Bermuda 0000 00.000 000000&0 00.000
You’re viewing 5 of 13 competitors. Get the full list »

Hannover Re Executive Team (22)

Name Title Board Seat Contact Info
Jean-Jacques Henchoz Chairman of the Executive Board & Chief Executive Officer
Kathrin Scherff Chief Executive Officer - HR (Ireland)
Clemens Jungsthöfel Chief Financial Officer & Member of the Executive Board
Karl Steinle General Manager Investor and Rating Agency Relations
Brian Holland Managing Director & Head of Group Finance at Hannover Re
You’re viewing 5 of 22 executive team members. Get the full list »

Hannover Re Board Members (13)

Name Representing Role Since
0000000 0000000ö00 Hannover Re Chief Financial Officer & Member of the Executive Board 000 0000
000000 00000000000 Self Member of the Supervisory Board & Standing Committee 000 0000
000000 0000000000 Hannover Re Member of the Supervisory Boar 000 0000
0000000 0000 Self Deputy Chairman of the Supervisory Board, Member of the Finance and Audit Committee, Standing Committee & Nomination Committee 000 0000
0000 00000000000 Hannover Re Member of the Supervisory Board 000 0000
You’re viewing 5 of 13 board members. Get the full list »

Hannover Re Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Hannover Re Investments & Acquisitions (21)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
LifeQ 26-May-2021 00000 0000 0000 Therapeutic Devices
Compass Insure 01-Mar-2019 00000 0000 00000 Other Insurance
HDI Global Specialty 08-Jan-2019 00000 0000 Insurance Brokers 000000 00
finleap 28-Nov-2018 00000 0000 000.00 Private Equity
Glencar Insurance Company 20-Oct-2017 Merger/Acquisition 00.00 Other Insurance
You’re viewing 5 of 21 investments and acquisitions. Get the full list »

Hannover Re Subsidiaries (14)

Company Name Industry Location Founded
Hannover Re Global Alternatives Gmbh & Co. Other Commercial Services Hannover, Germany 2015
Integra Insurance Solutions Multi-line Insurance Bradford, United Kingdom 0000
Hannover (Portfolio of listed equities) Buildings and Property Hannover, Germany 0000
Hannover Life Reassurance Bermuda Insurance Company Hamilton, Bermuda 0000
Hannover America Private Equity Partners Ii Gmbh & Co. Holding Companies Hannover, Germany 0000
You’re viewing 5 of 14 subsidiaries. Get the full list »

Hannover Re ESG

Risk Overview

Risk Rating

Updated March, 19, 2024

17.91 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Insurance

Industry

00 of 305

Rank

00.0

Percentile

Reinsurance

Subindustry

0. of 17

Rank

00.00

Percentile

To view Hannover Re’s complete esg history, request access »

Hannover Re Exits (7)

Company Name Exit Date Exit Type Exit Size Status Buyers
HDI Global Specialty 08-Jan-2019 00000 0000000 Completed
  • 2 buyers
Compañía Reaseguradora del Ecuador 10-May-2016 000000000 Completed
  • 00000000 00
Skandia Austria Holding 01-Oct-2014 0000000000 00000 Completed
  • 3 buyers
XS Direct 09-Dec-2010 000000000 00.000 Completed
  • 00000000 00
Inclusive Guarantee 22-Jun-2009 Early Stage VC Completed
  • 4 buyers
You’re viewing 5 of 7 exits. Get the full list »

Hannover Re FAQs

  • When was Hannover Re founded?

    Hannover Re was founded in 1966.

  • Who is the CEO of Hannover Re?

    Jean-Jacques Henchoz and Kathrin Scherff are the CEOs of Hannover Re.

  • Where is Hannover Re headquartered?

    Hannover Re is headquartered in Hannover, Germany.

  • What is the size of Hannover Re?

    Hannover Re has 3,756 total employees.

  • What industry is Hannover Re in?

    Hannover Re’s primary industry is Re-Insurance.

  • Is Hannover Re a private or public company?

    Hannover Re is a Public company.

  • What is Hannover Re’s stock symbol?

    The ticker symbol for Hannover Re is HNR1.

  • What is the current stock price of Hannover Re?

    As of 21-May-2024 the stock price of Hannover Re is $246.74.

  • What is the current market cap of Hannover Re?

    The current market capitalization of Hannover Re is $29.8B.

  • What is Hannover Re’s current revenue?

    The trailing twelve month revenue for Hannover Re is $1.22B.

  • Who are Hannover Re’s competitors?

    Münchener Rückversicherungs-Gesellschaft, PartnerRe, TransRe London, Korean Reinsurance Company, and AXA XL are some of the 13 competitors of Hannover Re.

  • What is Hannover Re’s annual earnings per share (EPS)?

    Hannover Re’s EPS for 12 months was $16.37.

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