Hannover Re
 | |
| Societas Europaea | |
| Traded as | FWB: HNR1 |
| 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 | € 16.4 billion (2015)[1] |
| € 1,689.3 million (2016)[2] | |
| Profit | € 1,171.2 million (2016)[2] |
| Total assets | € 63.5 billion (end 2016)[2] |
| Total equity | € 8,997.2 million (end 2016)[2] |
Number of employees | 2,893 (end 2016)[2] |
| Website | www.hannover-re.com |
Hannover Re (in German Hannover Rück) SE, with a gross premium of around €16.4 billion, is the third-largest reinsurance company in the world.[3] 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 2,900. 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
- ↑ "Annual Report 2016" (PDF). Hannover Re. Retrieved 10 March 2017.
- 1 2 3 4 5 "Annual Report 2016". Wacker Chemie. Retrieved 14 March 2017.
- ↑ "Top 50 Reinsurers Revealed". Insurance Networking News. Retrieved 2013-08-23. (Registration required (help)).