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Company price
328.244 USD 0.00(0%)
Last update at 2026-11-02T21:00:00Z
VOLUME
8
Market Cap
35169.74M
P/E
11.10

Momentum Score

…

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; natural catastrophe; credit, surety, and political risks; cyber; digital; marine and upstream energy; natural catastrophes; advanced and facultative business, insurance-linked securities and structured reinsurance; and parametric solutions. It also offers risk solutions in the areas of critical illness, disability, health, longevity, long term care, and mortality. In addition, the company offers group life, retirement, lifestyle, credit life, and Takaful reinsurance products. Further, the company provides various financial solutions, including new-business financing; monetization of embedded value; reserve and solvency relief; and reinsurance and solvency II businesses. The company was formerly known as Hannover Rückversicherung AG and changed its name to Hannover Rück SE in March 2013. Hannover Rück SE was founded in 1966 and is based in Hanover, Germany. Hannover Rück SE operates as a subsidiary of Talanx AG.

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Day Price Range
295.00
Low
328.24
High
52 Week Price Range
262.33
Low
325.00
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Hannover Rück SE is a global reinsurance group providing property & casualty and life & health reinsurance across multiple regions. Long-term growth drivers include geographic and product diversification, underwriting scale, and potential support from firmer pricing and higher interest rates that may benefit earnings. Its capital-management track record and broad portfolio appears positioned to support resilience through insurance cycles.

The company faces risks from large natural-catastrophe losses, adverse reserve development, investment-market and interest-rate volatility, and regulatory or rating pressure that could weaken capital and earnings; investors should monitor these exposures.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
328.24
Dividend Yield
4.29%
Revenue TTM
22665.40M
Revenue Per Share
187.94
Gross Profit TTM
4125.50M
Debt / Equity
0.32
ROE
22.16%
Net Debt
3089.64M
ROCE
4.51%
Diluted EPS TTM
26.28

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 3411.52M 3213.30M 1854.00M 1996.37M 1651.79M
Minority interest -126.00M -68.10M -51.51M -136.00M -68.89M
Net income 2639.01M 2328.70M 1824.80M 1406.73M 1231.33M
Selling general administrative - - - 575.76M 510.71M
Gross profit 22866.20M 2528.70M 1040.90M 31596.27M 26149.01M
Reconciled depreciation - - - -83.89M 150.66M
Ebit - - 2011.60M 1948.68M 1660.32M
Ebitda 3546.40M 3365.40M 2102.50M 1864.79M 1810.99M
Depreciation and amortization - - 90.90M -83.89M 150.66M
Operating income 3411.52M 3213.10M 1854.00M 1948.68M 1660.32M
Other operating expenses 20604.90M 557.70M 724.40M 29794.03M 24497.22M
Interest expense 133.55M 152.10M 157.60M 113.07M 98.32M
Tax provision 645.30M 816.50M 402.83M 453.63M 351.57M
Interest income 540.10M 640.30M 550.10M 1391.33M 1281.51M
Net interest income -92.20M -109.10M -70.15M -42.85M -48.28M
Income tax expense 645.06M 816.50M 26.40M 453.63M 351.57M
Total revenue 24017.80M 2655.40M 1129.60M 31596.27M 26149.01M
Total operating expenses 19453.30M -684.40M -813.10M 29794.03M 24965.50M
Cost of revenue 1151.60M 126.70M 88.70M - -
Total other income expense net -26789.96M 0.20M -117.20M -88.32M -77.42M
Net income from continuing ops 2767.50M 2396.80M 1741.44M 1542.74M 1300.22M
Net income applicable to common shares - - - 1406.73M 1231.33M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 71300.39M 72127.30M 65665.10M 86952.37M 82902.25M
Intangible assets 118.36M 131.80M 134.70M 158.01M 164.19M
Other current assets - -57393.10M 159.40M 16173.66M 14985.24M
Total liab 57375.20M 59439.00M 54645.60M 78204.66M 70146.02M
Total stockholder equity 12923.86M 11794.50M 10126.80M 8090.97M 11885.00M
Other current liab -4455.63M 205.47M -3048.60M -2822.16M -2380.68M
Common stock 120.55M 120.60M 120.60M 120.60M 120.60M
Capital stock 120.60M 120.60M 120.60M 120.60M 120.60M
Retained earnings 12695.64M 10595.10M 9124.00M 9699.37M 8985.77M
Other liab - - - 46846.10M 43646.13M
Good will 77.87M 79.90M 78.00M 77.36M 83.93M
Other assets - 67264.92M 65665.10M -12862.92M -16370.33M
Cash 1051.11M 1253.10M 1054.80M 1323.17M 1355.11M
Total current liabilities -4274.00M 809.37M -1897.90M 2822.16M 2380.68M
Current deferred revenue - - 225.90M - -
Net debt 3089.64M 3415.80M 3820.60M 4187.19M 3015.14M
Short term debt 181.63M - 281.70M - -
Short long term debt total 4140.75M 4668.90M 4875.40M 5510.36M 4370.26M
Other stockholder equity 724.33M 724.60M 724.60M -1728.99M 2778.64M
Property plant equipment - - - 161.99M 165.34M
Total current assets 3076.95M 1714.80M 54455.50M 46648.18M 47587.04M
Long term investments 63667.40M 63283.00M 57592.40M 50895.54M 50595.75M
Net tangible assets - - - 7879.90M 11662.58M
Short term investments 57686.10M 56140.00M 51579.50M 45325.01M 46231.92M
Net receivables 2025.84M 1714.80M 1661.80M 11996.90M 7404.58M
Long term debt 4050.20M 4562.30M 4774.60M 5398.70M 4257.70M
Accounts payable - - 698.90M 2822.16M 2380.68M
Accumulated other comprehensive income -616.67M 354.20M 157.60M - -
Non currrent assets other 67542.96M 6265.90M -47371.20M -53167.10M -51685.55M
Non current assets total 68223.44M 70412.50M 11209.60M 53167.10M 51685.55M
Capital lease obligations 92.10M 106.60M 100.80M 111.67M 112.55M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -4328.60M -4412.10M -5409.47M -5382.77M -5256.27M
Change to liabilities - - - 346.84M 241.33M
Total cashflows from investing activities -4052.58M -4412.10M -4509.80M -5382.77M -5261.06M
Net borrowings - - - 856.53M 865.51M
Total cash from financing activities -1721.75M -1105.00M -1501.40M 133.25M 277.51M
Change to operating activities - - - 4365.02M 4465.22M
Net income 2640.51M 2396.80M 1824.80M 1542.74M 1300.22M
Change in cash -52.97M 198.30M -268.40M -31.94M 77.04M
Begin period cash flow 1104.08M 1054.80M 1323.20M 1355.11M 1278.07M
End period cash flow 1051.11M 1253.10M 1054.80M 1323.17M 1355.11M
Total cash from operating activities 5684.77M 5681.90M 5785.50M 5164.36M 4940.46M
Issuance of capital stock 0.00M 16.30M 27.10M 0.03M 0.31M
Depreciation - - 90.90M -83.89M 150.66M
Other cashflows from investing activities 16.29M -213.90M -26.90M 238.87M 30.06M
Dividends paid 1121.08M 913.10M 723.60M -723.48M -588.48M
Change to account receivables - - 449.80M -780.12M -844.02M
Sale purchase of stock 0.00M -1.70M 0.00M -0.13M -0.34M
Other cashflows from financing activities -0.10M -10.20M -47.60M 894.82M 881.61M
Change to netincome - - - -427.41M -287.19M
Capital expenditures 5684.77M 0.00M 0.00M 572.73M 344.12M
Change in working capital 2550.24M 3731.50M 5473.40M 3931.75M 3862.53M
Stock based compensation - - 20.20M - -
Other non cash items 494.01M -446.40M -1623.80M -226.24M -372.95M
Free cash flow 5686.90M 5681.90M 5785.50M 4591.63M 4596.34M

Peer Comparison*

Sector: Financial Services Industry: Insurance - Reinsurance

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
HVRRF
Hannover Rück SE
-
-%
328.24 11.10 10.38 1.55 2.29 1.31
MURGF
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
11.15
1.77%
641.52 9.35 10.04 1.21 1.89 1.03
MURGY
Muenchener Rueckver Ges
-0.02
0.16%
12.73 9.46 10.13 1.21 1.90 1.03
SSREY
Swiss Re Ltd
-0.53
1.13%
46.51 10.42 9.05 1.21 2.01 1.21
SSREF
Swiss Re AG
-1.42
0.76%
184.52 10.26 8.97 1.19 1.99 1.21

Profile*

Hannover Rück SE

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; natural catastrophe; credit, surety, and political risks; cyber; digital; marine and upstream energy; natural catastrophes; advanced and facultative business, insurance-linked securities and structured reinsurance; and parametric solutions. It also offers risk solutions in the areas of critical illness, disability, health, longevity, long term care, and mortality. In addition, the company offers group life, retirement, lifestyle, credit life, and Takaful reinsurance products. Further, the company provides various financial solutions, including new-business financing; monetization of embedded value; reserve and solvency relief; and reinsurance and solvency II businesses. The company was formerly known as Hannover Rückversicherung AG and changed its name to Hannover Rück SE in March 2013. Hannover Rück SE was founded in 1966 and is based in Hanover, Germany. Hannover Rück SE operates as a subsidiary of Talanx AG.

Karl-Wiechert-Allee 50, Hanover, Germany, 30625

49 511 5604 0

4090

Name Title Year Born
Mr. Jean-Jacques Henchoz CEO & Chairman of the Exec. Board 1964
Mr. Clemens Jungsthofel CFO & Member of Exec. Board 1970
Dr. Michael Pickel Member of the Exec. Board 1960
Dr. Klaus Wilhelm Miller Member of the Exec. Board 1960
Mr. Claude Jacques Chèvre Member of the Exec. Board 1967
Mr. Sven Althoff Member of the Exec. Board 1969
Ms. Silke Sehm Member of Exec. Board 1969
Ms. Julia Hartmann Sr. IR Mang.- Corp. Communications NA
Mr. Karl Steinle Head of Corp. Communications NA
Michael Eberhardt Managing Director of Hannover Re Australian Branch NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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