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Hannover Rueck SE (HNRGn.DE)

HNRGn.DE on Xetra

148.30EUR
17 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Hannover Rueck: Treaty Renewals Passed Off Favourably, Confirms Guidance
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Hannover Rueck SE ::HANNOVER RE INCREASES HALF-YEAR PROFIT BY ABOUT 19 PERCENT TO EUR 663 MILLION.GROSS PREMIUM UP BY 14.5% AT CONSTANT EXCHANGE RATES.PROFIT GUIDANCE FOR 2019 EXCLUDING POSITIVE ONE-OFF VIRIDIUM EFFECT COFIRMED.TREATY RENEWALS AS AT 1 JUNE AND 1 JULY 2019 PASSED OFF FAVOURABLY FOR HANNOVER RE.YEAR-END TARGET FOR COMBINED RATIO REMAINS UNCHANGED AT NO MORE THAN 97%.WELL ON TRACK TO ACHIEVE GROUP NET INCOME IN ORDER OF EUR 1.1 BILLION FOR 2019.NET EXPENDITURE ON LARGE LOSSES COMING IN AT EUR 140.5 MILLION.GROUP NET INCOME REACHED EUR 662.5 MILLION.OPERATING PROFIT (EBIT) POSTED BY HANNOVER RE IMPROVED BY 3.8% TO EUR 942.1 MILLION (EUR 907.3 MILLION).  Full Article

Hannover Rueck Confirms 2019 Guidance, Proposes Div Of 5.25 Eur/Shr
Thursday, 7 Mar 2019 

March 7 (Reuters) - Hannover Rueck SE ::ANNUAL RESULTS 2018: GROUP NET INCOME RISES TO EUR 1.06 BILLION DESPITE MAJOR LOSSES AND ONE-TIME STRAIN.DIVIDEND PROPOSAL FOR 2018: EUR 5.25 (EUR 5.00) PER SHARE.MAJOR LOSS EXPENDITURE OF EUR 849.8 MILLION SLIGHTLY HIGHER THAN BUDGETED LEVEL OF EUR 825 MILLION.GUIDANCE FOR 2019 CONFIRMED: GROUP NET INCOME IN THE ORDER OF EUR 1.1 BILLION.ENJOYED VERY SATISFACTORY ROUND OF TREATY RENEWALS AS AT 1 JANUARY 2019 IN WHICH WE CONTINUED TO FOCUS ON PROFITABLE GROWTH.EXPECTS GROSS PREMIUM FOR TOTAL BUSINESS TO GROW IN THE CURRENT FINANCIAL YEAR BY A SINGLE-DIGIT PERCENTAGE AT CONSTANT EXCHANGE RATES.GROUP NET INCOME SHOULD REACH AN AMOUNT IN THE ORDER OF EUR 1.1 BILLION.  Full Article

Hanover Re Confirms Guidance For 2018 And 2019
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Hanover Re ::RE GROWS AT STABLE CONDITIONS IN TREATY RENEWALS AS AT 1 JANUARY 2019.RENEWALS AS AT 1 JANUARY 2019 DELIVER CURRENCY-ADJUSTED PREMIUM GROWTH OF 15.4%.BUSINESS IN ASIA AND NORTH AMERICA SEES PARTICULARLY PRICE LEVEL SLIGHTLY IMPROVED.GUIDANCE FOR 2018 CONFIRMED.GUIDANCE FOR 2019 CONFIRMED.IN CONTRAST TO SITUATION JUST ONE YEAR AGO, ALTERNATIVE CAPITAL PROVIDERS IN ILS BUSINESS TOOK A MORE RESTRAINED APPROACH TO RENEWALS.TREATIES WITH A VOLUME OF ALTOGETHER EUR 5,551 MILLION WERE UP FOR RENEWAL AS AT 1 JANUARY 2019 - OF THIS, A PREMIUM VOLUME OF EUR 4,912 MILLION WAS RENEWED.INCLUDING INCREASES OF EUR 829 MILLION FROM NEW TREATIES AND FROM CHANGES IN PRICES AND TREATY SHARES, TOTAL RENEWED PREMIUM VOLUME THUS CAME IN AT EUR 6,406 MILLION.CONTINUES TO ENVISAGE A PAYOUT RATIO FOR ORDINARY DIVIDEND IN RANGE OF 35% TO 45% OF ITS IFRS GROUP NET INCOME.ORDINARY DIVIDEND WILL BE SUPPLEMENTED BY PAYMENT OF A SPECIAL DIVIDEND IN LIGHT OF CAPITAL MANAGEMENT CONSIDERATIONS IF COMPANY'S COMFORTABLE LEVEL OF CAPITALISATION REMAINS UNCHANGED.HANNOVER RE HAS RAISED ITS NET LARGE LOSS BUDGET FOR FIRST TIME IN THREE YEARS; IT NOW STANDS AT EUR 875 MILLION FOR 2019.  Full Article

Hannover Rueck Board Member Juergen Graeber Dies At 62
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Hannover Rueck SE ::DGAP-NEWS: HANNOVER RÜCK SE: HANNOVER RE EXECUTIVE BOARD MEMBER JÜRGEN GRÄBER HAS DIED.LONG-SERVING EXECUTIVE BOARD MEMBER JÜRGEN GRÄBER PASSED AWAY SUDDENLY AND UNEXPECTEDLY ON 9 NOVEMBER 2018 AT AGE OF 62.SUPERVISORY BOARD OF HANNOVER RE WILL DEAL WITH SUCCESSION IN A TIMELY MANNER.  Full Article

Hannover Re Confirms 2018 Profit Guidance After Q3
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Hannover Rueck SE ::HANNOVER RE SIGNIFICANTLY INCREASES NINE-MONTH RESULT AND CONFIRMS PROFIT TARGET FOR THE FULL YEAR.GROUP NET INCOME RISES BY 32.1% TO EUR 725.3 MILLION.LARGE LOSSES IN THE THIRD QUARTER WITHIN EXPECTATIONS.LIFE AND HEALTH REINSURANCE: EBIT AFTER NINE MONTHS AT EUR 155.2 MILLION DESPITE ONE-TIME CHARGE OF EUR 218 MILLION DUE TO TREATY RECAPTURES IN US MORTALITY BUSINESS.RETURN ON INVESTMENT OF 3.3% CLEARLY ABOVE MINIMUM TARGET OF 2.7%.PROFIT GUIDANCE FOR 2018 OF MORE THAN EUR 1 BILLION CONFIRMED, MAKING ALLOWANCE FOR ANTICIPATED ONE-TIME CHARGE FROM LIFE AND HEALTH REINSURANCE.OUTLOOK FOR 2019: GROUP NET INCOME TARGET IN THE ORDER OF EUR 1.1 BILLION.  Full Article

Hannover Re Completes 5th Catastrophe Bond Transaction For Clients This Yr
Wednesday, 17 Oct 2018 

Oct 17 (Reuters) - Hannover Rueck SE ::HANNOVER RE'S FIFTH CATASTROPHE BOND TRANSACTION RAISES TOTAL ISSUANCE FOR CLIENTS TO USD 1.5 BILLION IN 2018.ILS MARKET VOLUME TO REACH RECORD USD 100 BILLION IN 2018.  Full Article

Hannover Rueck Appoints Jean-Jacques Henchoz As CEO With Effect From May 8, 2019
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Hannover Rueck SE ::HANNOVER RUECK SE - APPOINTED JEAN-JACQUES HENCHOZ AS A MEMBER OF EXECUTIVE BOARD EFFECTIVE 1 APRIL 2019 AND AS CEO WITH EFFECT FROM END OF AGM ON 8 MAY 2019.  Full Article

Hannover Rueck SE Profit Guidance For 2018 Of More Than EUR 1 Billion Confirmed
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Hannover Rueck SE ::H1 NET PROFIT 555.3 MILLION EUR.DGAP-NEWS: HANNOVER RE GENERATES DOUBLE-DIGIT GROWTH IN PREMIUM AND OPERATING PROFIT IN THE FIRST SIX MONTHS.GROSS PREMIUM RISES BY 11.0% TO EUR 10.0 BILLION.EBIT GROWS BY 13.5% TO EUR 907.3 MILLION.COMBINED RATIO IN PROPERTY AND CASUALTY REINSURANCE IMPROVES TO 95.7% (96.5%).HALF-YEAR NET INCOME INCREASES BY 3.8% TO EUR 555.3 MILLION.PROFIT GUIDANCE FOR 2018 OF MORE THAN EUR 1 BILLION CONFIRMED.CONTINUES TO ANTICIPATE NET INCOME OF MORE THAN EUR 1 BILLION FOR CURRENT YEAR.PREMIUM VOLUME BOOKED FOR PORTFOLIO UP FOR RENEWAL GREW BY 16%.Q2 GROUP NET INCOME 281.9 MILLION EUROS VERSUS 270.2 MILLION EUROS.  Full Article

Generali Agrees To Sell 89.9 Pct Of Generali Leben To Viridium
Thursday, 5 Jul 2018 

July 5 (Reuters) - Assicurazioni Generali SpA ::GENERALI AGREES TO SELL 89.9% OF GENERALI LEBEN IN GERMANY, IN A TRANSACTION VALUING COMPANY UP TO EUR 1 BILLION.TOTAL ESTIMATED CASH-IN UP TO ABOUT €1.9 BILLION.POSITIVE IMPACT ON GERMAN SOLVENCY OF APPROXIMATELY 43 P.P. AND ON GROUP SOLVENCY OF 2.6 P.P..SAYS GENERALI DEUTSCHLAND WILL SELL 89.9% OF GENERALI LEBEN TO VIRIDIUM.SAYS WILL HAVE THE POSSIBILITY TO INVEST IN A MINORITY STAKE IN VIRIDIUM, SUBJECT TO THE SUCCESSFUL COMPLETION OF THE DUE DILIGENCE.GENERALI INVESTMENTS EUROPE TO MANAGE GENERALI LEBEN ASSETS FOR 5-YEAR PERIOD FOR CUMULATIVE TOTAL FEE OF €275 MILLION.  Full Article

Hannover Re, HDI Global to merge specialty business in new JV
Friday, 11 May 2018 

May 11 (Reuters) - Hannover Rueck SE , Talanx , HDI Global in joint statement::HDI GLOBAL AND HANNOVER RE LAUNCH A JOINT GROWTH INITIATIVE IN SPECIALTY BUSINESS.THE TWO COMPANIES ARE THEREFORE MERGING THEIR SPECIALTY ACTIVITIES IN A NEW JOINT VENTURE.HDI GLOBAL SE TO ACQUIRE MAJORITY OF SHARES IN INTERNATIONAL INSURANCE COMPANY OF HANNOVER SE.PURCHASE PRICE TO BE PAID FOR SHAREHOLDING IS IN ORDER OF AROUND EUR 100 MILLION.HDI GLOBAL SE WILL HOLD 50.2 PERCENT OF NEW COMPANY AND HANNOVER RE WILL HAVE 49.8 PERCENT OF SHARES.JOINT VENTURE WILL ROLL OUT JOINT OPERATIONAL ACTIVITIES ON 1 JANUARY 2019.  Full Article

German stocks - Factors to watch on August 8

BERLIN/FRANKFURT, Aug 8 The following are some of the factors that may move German stocks on Thursday: