Question 1

Where is the Hannover Rück SE stock traded?

Accepted Answer

The Hannover Rück SE stock trades under the ticker HNR1.XETRA on the XETRA exchange. ISIN: DE0008402215.

Question 2

What does Hannover Rück SE do?

Accepted Answer

Hannover Rück SE is a company characterized by the following investment thesis:

Question 3

What are the key metrics for HNR1.XETRA?

Accepted Answer

Key metrics for HNR1.XETRA include valuation (P/E 11.2, P/S 1.3, P/B 2.2), profitability (profit margin 12.06%, ROE 22.16%), and growth (revenue —, earnings —). Market capitalization is 30.56B EUR. These metrics give an overview of the company's financial performance and valuation.

Question 4

How has Hannover Rück SE's stock price performed?

Accepted Answer

Hannover Rück SE's stock has returned — over 1 year, — over 3 years, and — over 5 years. Performance can vary depending on market conditions and company developments.

Question 5

How is HNR1.XETRA valued?

Accepted Answer

HNR1.XETRA has the following valuation metrics: P/E Ratio: 11.2, P/S Ratio: 1.3, P/B Ratio: 2.2. These metrics help assess whether the stock is fairly valued compared to its fundamentals.

Question 6

Does HNR1.XETRA pay dividends?

Accepted Answer

Yes, HNR1.XETRA pays dividends with a dividend yield of 5%. Dividends can be an important component of the total return on an investment.

Question 7

What are the key risks when investing in HNR1.XETRA?

Accepted Answer

Key risks for HNR1.XETRA include: Hannover Rück (HNR1.XETRA, ISIN DE0008402215) operates as a global reinsurer positioned among the industry's larger, more diversified players. It competes directly with Munich Re and Swiss Re at the top tier, while also facing pressure from specialist and well-capitalized competitors including Berkshire Hathaway Re, SCOR, Everest, Artex, TransRe, Arch, and AXIS across property-catastrophe, specialty, and life reinsurance segments.

The business carries exposure to several material risks. Catastrophe frequency and severity remain inherent to underwriting, alongside reserve volatility that can swing results materially. Investment returns face headwinds from persistently low yields and latent credit events. Pricing discipline erodes under competitive pressure, particularly as alternative capital sources continue to expand and fragment the market. Regulatory shifts and evolving corporate governance standards across major jurisdictions add further structural uncertainty to the operating environment.Catastrophe exposure and reserve risk: substantial natural or man-made loss events can generate significant underwriting losses and create volatility in reserves.Prolonged low yields, credit downgrades, or equity-market declines can erode both investment income and capital value.Pricing and capital competition: The expansion of alternative capital sources, collateralized reinsurance vehicles, and aggressive pricing from well-capitalized competitors creates persistent pressure on margins and market share.Regulatory and rating pressure pose material headwinds. Adverse changes in insurance regulation or solvency rules would increase capital costs, while credit rating downgrades would constrain underwriting capacity.Investors should consider these risk factors carefully before making an investment decision.

Question 8

Who are the main competitors of Hannover Rück SE?

Accepted Answer

Hannover Rück SE competes with several listed peers in its sector. Hannover Rück (HNR1.XETRA, ISIN DE0008402215) is a leading global reinsurer in property & casualty and life & health reinsurance. It competes against large global reinsurers and Bermuda/US specialty groups on capital, catastrophe capacity, and product breadth. Alternative capital structures like ILS and cat bonds create additional competitive pressure, as do primary insurers developing their own in-house reinsurance capabilities. The company faces material underwriting risk from catastrophic events and adverse reserve development, while capital markets and rating dynamics introduce further volatility. Regulatory cycles and soft-rate environments can compress pricing power and margins across the business.Swiss Re (SREN.SIX)Everest Re Group (RE.NYSE)RenaissanceRe (RNR.NYSE)AXIS Capital (AXS.NYSE)Reinsurance Group of America (RGA) (RGA.NYSE)These competitors influence pricing power, growth opportunities and relative valuation.

	2025	2024	2023	2022	2021
Revenue	24.02B	23.91B	24.09B	22.21B	26.28B
Operating income (EBIT)	3.41B	3.21B	1.85B	1.20B	1.73B
Net income	2.64B	2.33B	1.82B	1.41B	1.23B
Free cash flow	5.69B	5.68B	5.79B	5.16B	4.60B
Total assets	71.33B	72.13B	65.67B	62.96B	82.90B
Equity	12.93B	11.79B	10.13B	9.06B	11.89B
Net debt	3.09B	3.42B	3.82B	4.19B	3.02B

Hannover Rück SE Financials

Key financial figures

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