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 17.1 billion (2015)[1]
€ 1,755.2 million (2015)[1]
Profit € 1,150.7 million (2015)[1]
Total assets € 63.2 billion (end 2015)[1]
Total equity € 8,068.3 million (end 2015)[1]
Number of employees
2,568 (end 2015)[1]
Website www.hannover-re.com

Hannover Re (in German Hannover Rück) SE, with a gross premium of around 17.1 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").

References[edit]

  1. ^ a b c d e f "Annual Report 2015" (PDF). Hannover Re. Retrieved 10 March 2016. 
  2. ^ "Top 50 Reinsurers Revealed". Insurance Networking News. Retrieved 2013-08-23. (registration required (help)). 

External links[edit]