Based on the year-end closing price of EUR 105.65 the market capitalisation of the Hannover Re Group as at the end of the financial year amounted to EUR 12.7 billion and was thus EUR 3.7 billion or 40.9% higher than the previous year's figure of EUR 9.0 billion.
Key figures | ||||||
---|---|---|---|---|---|---|
Figures in EUR million | 2015 | +/- previous year |
2014 | 2013 | 20121 | 2011 |
Results | ||||||
Gross written premium | 17,068.7 | +18.8% | 14,361.8 | 13,963.4 | 13,774.2 | 12,096.1 |
Net premium earned | 14,593.0 | +17.5% | 12,423.1 | 12,226.7 | 12,279.2 | 10,751.5 |
Net underwriting result | 93.8 | (23.6) | (83.0) | (96.9) | (535.8) | |
Net investment income | 1,665.1 | +13.1% | 1,471.8 | 1,411.8 | 1,655.7 | 1,384.0 |
Operating result (EBIT) | 1,755.2 | +19.7% | 1,466.4 | 1,229.1 | 1,393.9 | 841.4 |
Group net income | 1,150.7 | +16.7% | 985.6 | 895.5 | 849.6 | 606.0 |
Balance sheet | ||||||
Policyholders' surplus | 10,267.3 | +0.3% | 10,239.5 | 8,767.9 | 8,947.2 | 7,338.2 |
Equity attributable to shareholders of Hannover Rück SE | 8,068.3 | +6.9% | 7,550.8 | 5,888.4 | 6,032.5 | 4,970.6 |
Non-controlling interests | 709.1 | +1.0% | 702.2 | 641.6 | 681.7 | 636.0 |
Hybrid capital | 1,489.9 | -25.0% | 1,986.5 | 2,237.8 | 2,233.0 | 1,731.6 |
Investments (excl. funds withheld by ceding companies) | 39,346.9 | +8.6% | 36,228.0 | 31,875.2 | 31,874.4 | 28,341.2 |
Total assets | 63,214.9 | +4.6% | 60,457.6 | 53,915.5 | 54,811.7 | 49,867.0 |
Share | ||||||
Earnings per share (basic and diluted) in EUR | 9.54 | +16.7% | 8.17 | 7.43 | 7.04 | 5.02 |
Book value per share in EUR | 66.90 | +6.9% | 62.61 | 48.83 | 50.02 | 41.22 |
Dividend | 572.8 | +11.8% | 512.5 | 361.8 | 361.8 | 253.3 |
Dividend per share in EUR | 3.25 + 1.502 | +11.8% | 3.00 + 1.252 | 3.00 | 2.60 +0.40 2 | 2.10 |
Share price at year-end in EUR | 105.65 | +40.9% | 74.97 | 62.38 | 58.96 | 38.325 |
Market capitalisation at year-end | 12,741.1 | +40.9% | 9,041.2 | 7,522.8 | 7,110.4 | 4,621.9 |
Ratios | ||||||
Combined ratio (property and casualty reinsurance)3 | 94.4% | 94.7% | 94.9% | 95.8% | 104.3% | |
Large losses as percentage of net premium earned (property and casualty reinsurance4 | 7.1% | 6.1% | 8.4% | 7.0% | 16.5% | |
Rentention | 87.0% | 87.6% | 89.0% | 89.8% | 91.2% | |
Return on investment (excl. funds withheld by ceding companies)5 | 3.5% | 3.3% | 3.4% | 4.1% | 4.1% | |
EBIT margin6 | 12.0% | 11.8% | 10.1% | 11.4% | 7.8% | |
Return on equity (after tax) | 14.7% | 14.7% | 15.0% | 15.4% | 12.8% | |
1 Adjusted pursuant to IAS 8 2 Dividend of EUR 3.25 plus special dividend of EUR 1.50 for 2015, EUR 3.00 plus special dividend of EUR 1.25 for 2014 and EUR 2.60 plus special dividend of EUR 0.40 for 2012 3 Including expenses on funds withheld and contract deposits 4 Hannover Re Group’s net share for natural catastrophes and other major losses in excess of EUR 10 million gross as a percentage of net premium earned (until 31 December 2011: in excess of EUR 5 million gross) 5 Excluding effects from ModCo derivatives and inflation swaps 6 Operating result (EBIT) / net premium earned |
Key personnel indicators of the Hannover Re Group and at the Hannover location | ||||||||||||
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2015 | +/- previous year |
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||
Hannover Re Group | ||||||||||||
Number of employees | 2,568 | 1.3% | 2,534 | 2,419 | 2,312 | 2,217 | 2,192 | 2,069 | 1,812 | |||
Women | 1,313 | 0.8% | 1,303 | 1,243 | 1,192 | 1,156 | 1,139 | 1,090 | 943 | |||
Men | 1,255 | 1.9% | 1,231 | 1,176 | 1,120 | 1,061 | 1,053 | 979 | 869 | |||
Hannover location | ||||||||||||
Number of employees | 1,337 | 3.7% | 1,289 | 1,219 | 1,164 | 1,110 | 1,089 | 1,032 | 963 | |||
Age structure | ||||||||||||
Up to age 29 | 165 | 3.1% | 160 | 149 | 141 | 140 | 157 | 165 | 133 | |||
Ages 30 to 49 | 864 | 1.1% | 855 | 814 | 789 | 754 | 743 | 698 | 677 | |||
Aged 50 and over | 308 | 12.4% | 274 | 256 | 234 | 216 | 189 | 169 | 153 | |||
Proportion of women in management positions | 16.0% | 1.0%p | 17.0% | 15.6% | 16.8% | 15.5% | 12.3% | 12.0% | 11.8% | |||
Average number of training days per employee | 6.1 | 41.9% | 4.3 | 3.7 | 5.0 | 5.0 | 5.0 | 6.5 | 8.0 | |||
Staff turnover rate | 2.5% | +1.0%p | 1.5% | 2.8% | 2.8% | 4.3% | 1.9% | 2.3% | 3.3% | |||
Absenteeism | 3.8% | +0.2%p | 3.6% | 3.4% | 3.5% | 3.4% | 3.0% | 3.2% | 2.7% |
Book value 2015: EUR 39.8 billion
Key environmental indicators of Hannover Re at the Hannover location | ||||||
---|---|---|---|---|---|---|
20151 | +/- previous year |
20141 | 20131 | 20122 | 20113 | |
Total workforce | 2,568 | +1.3% | 2,534 | 2,419 | 2,312 | 2,217 |
Employees at the Hannover location | 1,337 | + 3.7% | 1,289 | 1,219 | 1,164 | 1,110 |
Electricity (in kWh) | 8,868,345 | -1.1% | 8,969,975 | 9,114,482 | 8,802,262 | 8,214,917 |
Heat (in kWh) | 2,746,698 | -0.1% | 2,748,014 | 3,359,694 | 2,319,854 | 1,859,119 |
Water (in l) | 17,088,000 | +12.6% | 15,176,000 | 15,778,000 | 14,961,000 | 14,464,500 |
Paper (in sheets) | 6,600,810 | -12.6% | 7,551,200 | 8,502,060 | 8,766,000 | 9,172,180 |
Waste (in kg) | 156,880 | -19.0% | 193,760 | 214,250 | 205,790 | 257,400 |
Business trips (in km) | 20,530,043 | +0.4% | 20,447,867 | 18,185,062 | 16,654,504 | 17,658,598 |
CO2 emissions4 (in kg) | 8,581,000 | +10.0% | 7,798,000 | 7,203,000 | 4,984,000 | 8,123,000 |
Data capture percentage of the environmental indicators (in % of Group employees) | 52.1% | +1.2%p | 50.9% | 50.4% | 50.3% | 50.1% |
1 All premises at the Hannover location (Karl-Wiechert-Allee 50 and 57, Roderbruchstraße 21 and 26 as well as infant daycare centre) 2 All premises at the Hannover location (Karl-Wiechert-Allee 50 and 57 (pro rata), Roderbruchstraße 21 and 26 as well as infant daycare centre) 3 Karl-Wiechert-Allee 50, Roderbruchstraße 21 und 26 as well as infant daycare centre, Hannover 4 Karl-Wiechert-Allee 50, Roderbruchstraße 26 as well as infant daycare centre, Hannover 5 Radiative Forcing Index: 2.7 |