Hannover Re, with gross premium of more than EUR 24 billion, is the third-largest reinsurer in the world. It transacts all lines of property & casualty and life & health reinsurance and is present on all continents with more than 3,000 staff. Established in 1966, the Hannover Re Group today has a network of more than 170 subsidiaries, branches and representative offices worldwide. The Group's German business is written by the subsidiary E+S Rück. The rating agencies most relevant to the insurance industry have awarded Hannover Re outstanding insurer financial strength ratings: Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior".
The principal shareholder is Talanx AG which holds 50.2% of Hannover Re's shares. The Initial Public Offering took place on 30 November 1994, a Second Public Offering on 18 February 2004. Majority shareholder of Talanx AG is HDI Haftpflichtverband der Deutschen Industrie V.a.G.
Hannover Re has grown into a global player within about 50 years, successfully dealing with risks and making the most of its opportunities. We want to continue our outperformance journey as a pure-play reinsurer with a partnership approach, driven by empowered employees:
Beyond risk sharing – we team up to create opportunities.