Key figures of the Hannover Re Group (IFRS basis)

in EUR million Q1-3/2015 +/- previous yearQ1-3/20142014

1 Operating profit (EBIT)/net premium earned
2 Including funds withheld

Hannover Re Group
Gross written premium 12,945.9 +20.9% 10,704.5  
Net premium earned 10,830.1 +20.8% 8,966.1  
Net underwriting result (72.8) (11.8)  
Net investment income 1,224.7 +9.2% 1,121.3  
Operating profit  (EBIT) 1,190.3 +9.1% 1,090.8  
Group net income 786.0 +13.0% 695.4  
Earnings per share in EUR 6.52 +13.0% 5.77  
Retention 87.9% 87.0%  
Tax ratio 26.5% 25.5%  
EBIT margin1 11.0% 12.2%  
Return on equity 13.7% 14.4%  
Policyholders' surplus 9,917.9 -3.1% 10,239.5
Investments (excl. funds held with ceding companies) 37,703.0 +4.1% 36,228.0 
Total assets 63,749.8 +5.4%  60,457.6
Book value per share in EUR 64.15 +2.5%  62.61
Property & Casualty
Gross written premium 7,319.4 +20.8% 6,060.0  
Net premium earned 5,965.4 +16.9% 5,104.5  
Net underwriting result 251.4 +11.6% 225.3  
Operating profit (EBIT) 936.3 +10.6% 846.8  
Group net income 651.0 +16.1% 560.8  
Retention 88.8% 89.6%  
Combined Ratio2 95.5% 95.3%  
EBIT margin1 15.7% 16.6%  
Life & Health
Gross written premium 5,626.6 +21.1% 4,644.6  
Net premium earned 4,864.1 +26.0% 3,861.4  
Operating profit (EBIT) 246.3 +5.3% 233.9  
Group net income 177.8 +6.9% 166.2  
Retention 86.8% 83.7%  
EBIT margin1 5.1% 6.1%  
in EUR millionQ3/2015 +/- previous yearQ3/2014

1 Operating profit (EBIT)/net premium earned
2 Including funds withheld

Hannover Re Group
Gross written premium 4,359.4 +19.8% 3,639.6
Net premium earned 3,810.7 +21.9% 3,126.8
Net underwriting result (32.9) (26.3)
Net investment income 426.0 +2.9% 413.8
Operating profit (EBIT) 400.9 -1.5% 407.1
Group net income 254.1 +1.2% 251.0
Earnings per share in EUR 2.11 +1.2% 2.08
Retention 87.3% 85.7%
Tax ratio 29.7% 27.1%
EBIT margin1 10.5% 13.0%
Return on equity 13.2% 15.0%
Property & Casualty
Gross written premium 2,347.1 +18.4% 1,981.9
Net premium earned 2,071.2 +19.4% 1,734.2
Net underwriting result 80.5 +20.2% 66.9
Operating profit (EBIT) 352.6 +8.2% 325.8
Group net income 232.6 +9.3% 212.9
Retention 87.3% 86.6%
Combined Ratio2 95.8% 95.8%
EBIT margin1 17.0% 18.8%
Life & Health
Gross written premium 2,012.1 +21.4% 1,657.7
Net premium earned 1,739.3 +24.9% 1,392.4
Operating profit (EBIT) 46.2 -41.6% 79.1
Group net income 32.1 +36.7% 50.8
Retention 87.2% 84.7%
EBIT margin1 2.7% 5.7%