Company Profile For Hannover Rueckversicherungs AG

Hannover Rueckversicherungs AG (HNRGn.DE) (Xetra)
sector: Financials · industry: Reinsurance ·
As of  4:35pm GMT
31.81EUR
Price Change
-1.54
Percent Change
-4.62%
 
 
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Overview

Hannover Rueckversicherung AG (Hannover Re) is a Germany-based global reinsurance company. The Company's operations are divided into four segments: property and casualty reinsurance, life and health reinsurance, financial reinsurance and specialty insurance. Its property and casualty reinsurance business group also covers marine and aviation insurance, and credit and surety. The Company divides its activities into two business groups: non-life reinsurance, and life and health reinsurance. The Company, through its subsidiaries, transact all lines of non-life and life/health reinsurance. The Company maintains business relations with more than 5,000 insurance companies in about 150 countries. Hannover Re and E+S Ruck hold interests of 75% and 25% respectively in the Hannover Re Euro PE Holdings GmbH & Co. KG. On December 30, 2008 Hannover Re sold its interest of 43.7% in ITAS Assicurazioni S.p.A.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Hannover Rueckversicherung AG's total revenue increased 37% to EUR7.59B. Net income for the period totaled EUR578.4M, vs. a loss of EUR142.8M. Total revenue reflects an increase in net premiums earned in both Non-life Reinsurance and Life and Health Reinsurance business segments. Net income for the period reflects improved other operating result. Hannover Rueckversicherung AG is a Germany-based company.

Company Address

Hannover Rueckversicherungs AG
Karl-Wiechert-Allee 50
Hannover     30625
P: +49511.56040
F: +49511.56041188

Total Employees

2053

Find Out More About HNRGn.DE

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