Return on Equity
Our goal for the Hannover Re Group is to generate a return on equity, which on a 5-year average, corresponds to at least the
In this context, net income (loss) and the stockholders' equity are calculated after taxes.
The development of the last ten years

| Year | Actual in percent |
|---|---|
| 2002 | 15.7 |
| 2003 | 17.1 |
| 2004 | 11.5 |
| 2005 | 1.9 |
| 2006 | 18.7 |
| 2007 | 23.1 |
| 2008 | (4.1) |
| 2009 | 22.4 |
| 2010 | 18.2 |
| 2011 | 12.8 |
| Average return on equity 2002 - 2011 | 13.7 |