Key Figures

Table as Excel file: 
in Mio. EUR 2020+/-
previous year
2019 20182017  2016 1
Results       
Gross written premium 24,765.5+9.6%22,597.6 19,176.417,790.5 16,353.6
Net premium earned 21,355.9+8.2%19,729.7 17,289.115,631.7 14,410.3
Net underwriting result 2 (693.7)(9.7) 156.9(253.6) 448.1
Net investment income 1,688.1-3.9%1,757.1 1,530.01,773.9 1,550.4
Operating profit (EBIT) 1,214.1-34.5%1,853.2 1,596.61,364.4 1,689.3
Group net income 883.1-31.2%1,284.2 1,059.5958.6 1,171.2
    
Balance sheet     
Policyholders´ surplus 14,071.0+3.5%13,588.9 11,035.110,778.5 11,231.4
Equity attributable to shareholders of Hannover Rück SE 10,995.0+4.4%10,528.0 8,776.88,528.5 8,997.2
Non-controlling interests 844.4+2.2%826.5 765.2758.1 743.3
Hybrid capital 2,231.6-0.1%2,234.4 1,493.11,492.0 1,490.8
Investments (excl. funds withheld by ceding companies) 49,220.9+3.3%47,629.4 42,197.340,057.5 41,793.5
Total assets 71,439.8+0.1%71,356.4 64,508.661,196.8 63,594.5
    
Share     
Earnings per share (basic and diluted) in EUR 7.32-31.2%10.65 8.797.95 9.71
Book value per share in EUR 91.17+4.4%87.30 72.7870.72 74.61
Dividend 542.7-18.2%663.3 633.1603.0 603.0
Dividend per share in EUR 4.503, 4-18.2%4.00 + 1.50 4 3.75 + 1.50 43.50 + 1.50 4 3.50 + 1.50 4
Share price at year-end in EUR 130.30-24.4%172.30 117.70104.90 102.80
Market capitalisation at year-end 15,713.8-24.4%20,778.9 14,194.312,650.6 12,397.4
    
Ratios     
Combined ratio (property and casualty reinsurance) 2 101.6% 98.2% 96.5%99.8% 93.7%
Large losses as percentage of net premium earned (property and casualty reinsurance) 5 11.2% 7.5% 7.9%12.3% 7.8%
Retention 90.1% 90.0% 90.7%90.5% 89.3%
Return on investment (excl. funds withheld by ceding companies) 3.0% 3.5% 3.2%3.8% 3.0%
EBIT margin 6 5.7% 9.4% 9.2%8.7% 11.7%
Return on equity (after tax) 8.2% 13.3% 12.2%10.9% 13.7%