Hannover Re
Line
- Ulrich Wallin, Chief Executive Officer
- Herbert K. Haas, Chairman of the Board
Hannover Re SE is a reinsurance company based in Hanover and is a subsidiary of Talanx AG. It has its origins in the joint-stock company founded in 1966 for transport and reinsurance ( ATR) and is one of the three largest reinsurers worldwide.
Hannover Re, with a gross premium of around EUR 14 billion, is one of the leading reinsurance groups in the world. It transacts all lines of non- life and life and has a network of subsidiaries and associated companies, branches and representative offices on all five continents, with approximately 2,400 employees. The Germany - business of the Group is carried out by the subsidiary E S Re.
Most relevant to the insurance industry rating agencies both Hannover Re and E S Re very strong insurer financial strength ratings (Standard & Poor's AA-" Very Strong", AM Best A "Excellent" ).
The Hannover Re was founded in 1966 as " corporation for transportation and reinsurance". Since that time, the gross written premium of 0.05 million euros to 13.8 billion euros has increased in 2012.
The shares of Hannover Re (international: ISIN DE0008402215 ) under the WKN 840221 listed. 120,597,134 no -par value registered shares representing a share capital of EUR 120.6 million. Majority shareholder since February 2006, the HDI liability Association of German Industry, which holds about 50.2 % of Talanx AG Hannover Re shares. The remaining 49.8 % is free float and distributed to institutional investors ( 41.7 %) and private investors ( 8.1%). From March 23 2009 to 18 September 2009, the company was listed on the DAX. After this period, the share is listed again in the MDAX. In addition, Hannover Re is also listed in the Lower Saxon stock index NISAX20.
Key figures of the Hannover Re Group's multi-year comparison: