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 05.11.2019
| HNR Xetra in EUR | Index value (price index) | |
|---|---|---|
| Real value on 31.10.2019 | 158.80 | 292.16 |
| Year high | 160.40 | 294.85 |
| Year low | 116.40 | 233.60 |
| Year-to-date | 34.92% | 23.27% |
| Development since 01.01.2015 | 111.82% | 59.09% |
Composition Global Reinsurance Index
Last update on 01.02.2019
The index tracks the price movements of reinsurance companies and includes the following international reinsurance enterprises:
| Company | Weighting in % |
|---|---|
| Munich Re | 20,00 % |
| Swiss Re | 20,00 % |
| Reinsurance Group of America | 11,11 % |
| Alleghany Corporation | 10,41 % |
| Hannover Re | 10,41 % |
| Everest Re | 10,18 % |
| SCOR | 9,18 % |
| RenaissanceRe | 6,26 % |
| China Re | 1,57 % |
| Korean Re | 0,88 % |
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 |