Sustainability Report 2015
Company portrait
About us
Hannover Re, with gross premium of more than EUR 17 billion, is the third-largest reinsurer in the world.
We transact all lines of property & casualty and life & health reinsurance and are present on all continents with roughly 2,500 staff. Established in 1966, the Hannover Re Group today has a network of more than 100 subsidiaries, branches and representative offices worldwide. The German business of the Hannover Re Group is transacted by our subsidiary E+S Rück.
The rating agencies most relevant to the insurance industry have awarded both Hannover Re and E+S Rück very good financial strength ratings: Standard & Poor's "AA-" (Very Strong) and A.M. Best "A+" (Superior).
Hannover Re can look back on 50 successful years in the reinsurance business. Along with our excellent financial strength ratings, our high degree of diversification and balanced risk management ensure that we can enjoy lasting success even in a competitive market. The respected UK insurance magazine "Reactions" named us "Reinsurance Company of the Year" for the second time in a row this year. Going forward, too, we intend to respond to new developments and challenges with innovative ideas and concepts. This year, for example, as part of the project entitled "Journey Re" we have launched a competition in which talented and dedicated career starters in the reinsurance industry have the opportunity to inject fresh momentum into our business operations.
Our vision: Long-term success in a competitive business.