Hannover Re's quantitative strategic targets:
Business group | Key figures | Strategic targets |
---|---|---|
1 After tax; risk-free: 5-year average return of 10-year German government bonds |
||
Group | Return on equity1 | 900 bps above risk-free |
Solvency ratio2 | ≥ 200% | |
Property & Casualty reinsurance | Gross premium growth3 | ≥ 5% |
EBIT growth4 | ≥ 5% | |
Combined ratio | ≤ 96% | |
xRoCA5 | ≥ 2% | |
Life & Health reinsurance | Gross premium growth3 | ≥ 3% |
EBIT growth4 | ≥ 5% | |
Value of New Business (VNB)6 | ≥ EUR 250 m. | |
xRoCA5 | ≥ 2% |