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 [ … ]

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 [ … ]

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 [ … ]

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 [ … ]

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  [ … ]