Key figures of the Hannover Re Group (IFRS basis)
| in EUR million | H1/2015 | +/- previous year | H1/2014 | 2014 |
|---|---|---|---|---|
|
1 Operating profit(EBIT)/net premium earned |
||||
| Hannover Re Group | ||||
| Gross written premium | 8,568.5 | +21.5% | 7,064.9 | |
| Net premium earned | 7,019.4 | +20.2% | 5,839.4 | |
| Net underwriting result | (39.9) | -375.4% | 14.5 | |
| Net investment income | 798.8 | +12.9% | 707.5 | |
| Operating profit (EBIT) | 789.4 | +15.5% | 683.7 | |
| Group net income | 531.9 | +19.7% | 444.4 | |
| Earnings per share in EUR | 4.41 | +19.7% | 3.69 | |
| Retention | 88.3% | 87.7% | ||
| Tax ratio | 24.9% | 24.5% | ||
| EBIT margin1 | 11.2% | 11.7% | ||
| Return on equity | 14.0% | 14.5% | ||
| Policyholders' surplus | 9,839.5 | -3.9% | 10,239.5 | |
| Investments (excl. funds held with ceding companies) | 37,399.6 | +3.2% | 36,228.0 | |
| Total assets | 64,962.7 | +7.5% | 60,457.6 | |
| Book value per share in EUR | 63.62 | +1.6% | 62.61 | |
| Property & Casualty reinsurance | ||||
| Gross written premium | 4,972.2 | +21.9% | 4,078.1 | |
| Net premium earned | 3,894.2 | +15.5% | 3,370.2 | |
| Net underwriting result | 170.9 | +7.9% | 158.3 | |
| Operating profit (EBIT) | 583.7 | +12.0% | 521.0 | |
| Group net income | 418.4 | +20.3% | 347.9 | |
| Retention | 89.6% | 91.1% | ||
| Combined Ratio2 | 95.4% | 95.0% | ||
| EBIT margin1 | 15.0% | 15.5% | ||
| Life & Health reinsurance | ||||
| Gross written premium | 3,614.5 | +21.0% | 2,986.9 | |
| Net premium earned | 3,124.8 | +26.6% | 2,469.0 | |
| Operating profit (EBIT) | 200.0 | +29.2% | 154.8 | |
| Group net income | 145.6 | +26.2% | 115.4 | |
| Retention | 86.5% | 83.1% | ||
| EBIT margin1 | 6.4% | 6.3% | ||
| in EUR million | Q2/2015 | +/- previous year | Q2/2014 | |
|---|---|---|---|---|
|
1 Operating profit (EBIT)/net premium earned |
||||
| Hannover Re Group | ||||
| Gross written premium | 4,186.3 | +21.7% | 3,440.5 | |
| Net premium earned | 3,587.5 | +22.6% | 2,926.6 | |
| Net underwriting result | (33.7) | 12.0 | ||
| Net investment income | 383.1 | +10.6% | 346.4 | |
| Operating profit (EBIT) | 360.4 | +7.9% | 334.1 | |
| Group net income | 252.2 | +19.3% | 211.5 | |
| Earnings per share in EUR | 2.09 | +19.3% | 1.75 | |
| Retention | 88.0% | 87.1% | ||
| Tax ratio | 17.4% | 29.8% | ||
| EBIT margin1 | 10.0% | 11.4% | ||
| Return on equity | 12.5% | 13.3% | ||
| Property & Casualty | ||||
| Gross written premium | 2,355.1 | +19.5% | 1,970.4 | |
| Net premium earned | 2,011.9 | +15.7% | 1,738.6 | |
| Net underwriting result | 94.3 | +33.3% | 70.7 | |
| Operating profit (EBIT) | 328.5 | +36.6% | 240.5 | |
| Group net income | 247.0 | +64.6% | 150.1 | |
| Retention | 90.3% | 91.1% | ||
| Combined Ratio2 | 95.0% | 95.6% | ||
| EBIT margin1 | 16.3% | 13.8% | ||
| Life & Health | ||||
| Gross written premium | 1,831,2 | +24.6% | 1,470.2 | |
| Net premium earned | 1,575.2 | +32.6% | 1,187.9 | |
| Operating profit (EBIT) | 26.7 | -70.1% | 89.2 | |
| Group net income | 18.1 | -74.9% | 72.0 | |
| Retention | 85.0% | 81.7% | ||
| EBIT margin1 | 1.7% | 7.5% | ||