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 | € 14.4 billion (2014)[1] |
| € 1,466.4 million (2014)[1] | |
| Profit | € 985.6 million (2014)[1] |
| Total assets | € 60.45 billion (end 2014)[1] |
| Total equity | € 7.550 billion (end 2014)[1] |
|
Number of employees
|
2,534 (end 2014)[1] |
| Website | www.hannover-re.com |
Hannover Re (in German Hannover Rück) SE, with a gross premium of around €14.4 billion, is the third-largest reinsurance company in the world.[2] 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 2,500. 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").[citation needed]
References
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