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 10 largest listed companies which at least write 50% reinsurance premium.

Performance Hannover Re share vs. Global R/I Index

Last update on 01.12.2021

 HNR Xetra
in EUR
Index value
(price index)
Real value on 30.11.2021 154.65 251.60
Year high 165.10 268.36
Year low 128.00 220.59
Year-to-date 18.69% 6.95%
Development since 01.01.2017 50.44% -0.41%

Composition Global Reinsurance Index

Last update on 02.08.2021

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

CompanyWeighting in %
Munich Re 20.61%
Swiss Re 19.67%
Hannover Rück SE 12.31%
Everest Re 12.02%
Alleghany Corp 10.39%
Reinsurance Group of America 8.93%
RenaissanceRe 8.79%
SCOR SE 5.94%
China Re 0.70%
Korean Re 0.62%

Short name and ISIN

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