- Earnings before interest and taxes (Ebit) for Hannover Re in the second quarter was €1.07 billion, slightly below the estimated €1.1 billion.
- The property and casualty combined ratio improved to 82.1%, compared to 87.6% last year, though it was higher than the estimated 81.6%.
- Net investment income declined by 8.2% year-over-year to €469 million.
- Return on equity stood at a robust 28.8%.
- For the first half of 2025, Hannover Re reported a total Ebit of €1.76 billion.
- Net income for the same period increased by 13% year-over-year to €1.31 billion.
- First half net investment income amounted to €1.05 billion.
- Hannover Re maintains its forecast for 2025 net income to be around €2.4 billion, against an estimate of €2.53 billion.
- Reinsurance revenue growth for property and casualty is expected to exceed 7% in 2025, adjusted for exchange rate effects, with a combined ratio projected to be under 88%.
- The company anticipates a reinsurance service result net of more than €875 million in life and health reinsurance.
- Contractual service margin is expected to grow by approximately 2%.
- The return on investment is forecasted to be at least 3.2% in 2025.
- Market analysts’ ratings: 12 buys, 6 holds, and 3 sells.
A look at Hannover Rueck Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Hannover Rueck is projected to have a positive long-term outlook. The company scored well across various factors important for investors, with solid scores in Dividend, Growth, Resilience, and Momentum. This indicates a promising future for Hannover Rueck in terms of stability, growth potential, and financial performance.
Hannover Rueck SE, a leading reinsurance provider, offers a range of reinsurance services including life, health, accident, and property coverage. With strong scores in key areas like Dividend, Growth, and Resilience, the company is well-positioned to navigate market challenges and capitalize on growth opportunities in the reinsurance sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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