Hannover Re

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Company building in Hanover
Hannover Rück SE
Societas Europaea
Traded as FWBHNR1
Industry Financial services
Founded 1966
Headquarters Hannover, Germany
Key people
Ulrich Wallin (CEO and Chairman of the executive board), Herbert K. Haas (Chairman of the supervisory board)
Products Reinsurance
Revenue 14.4 billion (2014)[1]
€ 1,466.4 million (2014)[1]
Profit € 985.6 million (2014)[1]
Total assets € 60.45 billion (end 2014)[1]
Total equity € 7.550 billion (end 2014)[1]
Number of employees
2,534 (end 2014)[1]
Website www.hannover-re.com

Hannover Re (in German Hannover Rück SE), with a gross premium of around 14.4 billion, is the third-largest reinsurance company in the world.[2] Its headquarters is in Hannover, Germany.

The company was founded in 1966 under the name Aktiengesellschaft für Transport- und Rückversicherung (ATR).

Hannover Re transacts all lines of property & casualty and life & health reinsurance and has a network of subsidiaries, branches and representative offices on all five continents with a total staff of roughly 2,500. The Group's German business is written by the subsidiary E+S Rück.

The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior").[citation needed]

References[edit]

  1. ^ a b c d e f "Annual Report 2014". Hannover Re. Retrieved 10 March 2015. 
  2. ^ "Top 50 Reinsurers Revealed". Insurance Networking News. Retrieved 2013-08-23. (registration required (help)). 

External links[edit]