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:
| Company | Weighting 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 Index | Global 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 |