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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 5-year average yield on a 10-year government-bond plus a risk premium of 750 basis points.

In this context, net income (loss) and the stockholders' equity are calculated after taxes.

The development of the last ten years

Return on equity

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