Our strategic objective is to increase the investment made by our shareholders on a sustained basis. In this context we take as our benchmark the Global Reinsurance Index (GloRe), which we aim to outperform over a rolling three-year period.

The Global Reinsurance (R/I) Index was established retroactively as at 31 July 2007 and is with effect from 1 January 2012 Hannover Re's benchmark.

The index is calculated as a performance index (reinvestment of dividends) and as price index (no reinvestment of dividends).

The Global R/I Index was selected quite deliberately as the benchmark for our internal performance measurement. The concept complies with all rules and usages for calculating indices. As a global reinsurer – with more than 80% of our premium income deriving from foreign markets and an international investor structure –, we measure our success by the share performance of all listed competitors worldwide. Thus the index comprises the 20 largest listed companies which at least write one third reinsurance premium.

Performance Hannover Re share vs. Global R/I Index

Last update on 07.05.2018

 HNR Xetra
in EUR
Index value
(price index)
 
Real value on 30.04.2018 116.60 231.23
Year high 117.90 238.64
Year low 104.70 222.74
Year-to-date 11.15% 2.60%
Development since 01.01.2014 86.92% 54.13%

Composition Global Reinsurance Index

Last update on 01.02.2018

The index tracks the price movements of reinsurance companies and includes the following international reinsurance enterprises:

CompanyWeighting in %
Everest Re Group Ltd. 10.00%
Swiss Re AG 10.00%
Reinsurance Group of America 10.00%
Alleghany Corp. 10.00%
Munich Re 10.00%
Hannover Re 9.15%
SCOR SE 8.11%
China Taiping Ins. Holdings Co. Ltd. 6.89%
Validus Holdings Ltd. 5.72%
RenaissanceRe Holdings Ltd. 5.66%
Axis Capital Holdings Ltd. 4.57%
Qatar Insurance Co. 4.46%
Aspen Ins. Holdings Ltd. 2.67%
China Re (Group) Co. 1.42%
Third Point Reinsurance Ltd. 1.34%

Short name and ISIN

 Global Reinsurance Index (TR) Performance IndexGlobal Reinsurance Index (PR)
Price Index
ISIN DE000SLA1GR2 DE000SLA1GP6
Securities identification number SLA1GR SLA1GP
Bloomberg GLORE Index GLOREPR Index
Reuters .GLORE .GLOREPR
Index currency EUR EUR
Reinvestment of dividends Yes No