- Hannover Re maintains its net income forecast of approximately €2.4 billion for 2025, with estimates around €2.48 billion.
- Expected return on investment for 2025 to be at least +3.2%.
- Preliminary EBIT for 2024 is reported at €3.3 million, slightly higher than the estimate of €3.21 billion.
- Successful January renewals and growth in traditional business, alongside a double-digit increase in structured reinsurance, are key for achieving 2025 growth targets.
- Projected growth in gross reinsurance revenue for property and casualty segments is over 7% in 2025, adjusted for exchange rate effects.
- Combined ratio for Property & Casualty reinsurance business expected to be under 88% in 2025 due to a better market environment.
- Anticipated reinsurance service result of more than €875 million in Life & Health reinsurance for 2025.
- Growth in Contractual Service Margin (net) in life and health reinsurance projected at around 2% for 2025.
- Earnings guidance for 2025 assumes large loss expenditure remains near €2.1 billion and no major capital market disruptions occur.
- Premium growth in traditional property and casualty reinsurance reached 7.6% in January 1 renewals.
- Group net income increased to €2.3 billion in 2024, based on preliminary unaudited financials.
- Reinsurance revenue totaled €26.4 billion in 2024, compared to €24.5 billion previously.
- Property and casualty reinsurance contributed significantly to the operating result with €2.4 billion, whereas life and health reinsurance’s share was €934 million in 2024.
- Market sentiment includes 11 buy recommendations, 7 holds, and 4 sells for Hannover Re shares.
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A look at Hannover Rueck Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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 SE shows a promising long-term outlook. With a high Growth score of 5 and a respectable Dividend score of 4, the company seems well-positioned for future expansion and also offers attractive returns to its investors. Moreover, the Momentum score of 4 indicates positive market sentiment and potential for further upward movement in the stock price. Although the Value and Resilience scores are moderate at 3, Hannover Rueck’s strong performance in Growth and Dividend aspects suggests a solid foundation for sustained growth in the reinsurance sector.
Hannover Rueck SE, a reinsurance services provider, offers a comprehensive range of reinsurance products including life, health, accident, property, and high-risk specialty coverages. The company’s Smartkarma Smart Scores reflect its overall positive outlook, with particularly high ratings in Growth and Dividend categories. This indicates that Hannover Rueck is focusing on expansion and rewarding its shareholders. Despite average scores in Value and Resilience, the company’s strategic positioning and market momentum are key factors contributing to its favorable long-term prospects in the industry.
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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