Key figures of the Hannover Re Group (IFRS basis)
Full-year figures
| in EUR million | 2015 | +/- previous year | 2014 |
|---|---|---|---|
|
1 Operating profit (EBIT)/net premium earned |
|||
| Hannover Re Group | |||
| Gross written premium | 17,068.7 | +18.8% | 14,361.8 |
| Net premium earned | 14,593.0 | +17.5% | 12,423.1 |
| Net underwriting result | 93.8 | (23.6) | |
| Net investment income | 1,665.1 | +13.1% | 1,471.8 |
| Operating profit (EBIT) | 1,755.2 | +19.7% | 1,466.4 |
| Group net income | 1,150,7 | +16.7% | 985.6 |
| Earnings per share in EUR | 9.54 | +16.7% | 8.17 |
| Retention | 87.0% | 87.6% | |
| Tax ratio | 27.3% | 22.3% | |
| EBIT margin1 | 12.0% | 11.8% | |
| Return on equity | 14.7% | 14.7% | |
| Policyholders' surplus | 10,267.3 | +0.3% | 10,239.5 |
| Investments (excl. funds held by ceding companies) | 39,346.9 | +8.6% | 36,228.0 |
| Total assets | 63,214.9 | +4.6% | 60,457.6 |
| Book value per share in EUR | 66.90 | +6.9% | 62.61 |
| Propery & Casualty | |||
| Gross written premium | 9,338.0 | +18.2% | 7,903.4 |
| Net premium earned | 8,099.7 | +15.5% | 7,011.3 |
| Net underwriting result | 432.2 | +23.0% | 351.5 |
| Operating profit EBIT) | 1,341.3 | +12.6% | 1,190.8 |
| Group net income | 914.7 | +10.3% | 829.1 |
| Retention | 89.3% | 90.6% | |
| Combined Ratio2 | 94.4% | 94.7% | |
| EBIT margin1 | 16.6% | 17.0% | |
| Life & Health | |||
| Gross written premium | 7,730.9 | +19.7% | 6,458.7 |
| Net premium earned | 6,492.4 | +20.0% | 5,411.4 |
| Operating profit (EBIT) | 405.1 | +53.6% | 263.8 |
| Group net income | 289.6 | +41.3% | 205.0 |
| Retention | 84.2% | 83.9% | |
| EBIT margin1 | 6.2% | 4.9% | |
Q4 stand alone figures
| in EUR million | Q4/2015 | +/- previous year | Q4/2014 |
|---|---|---|---|
|
1 Operating profit (EBIT)/net premium earned |
|||
| Hannover Re Group | |||
| Gross written premium | 4,122.8 | +12.7% | 3,657.3 |
| Net premium earned | 3,762.9 | +8.9% | 3,457.0 |
| Net underwriting result | 166.6 | (11.8) | |
| Net investment income | 440.4 | +25.6% | 350.5 |
| Operating profit (EBIT) | 565.0 | +50.4% | 375.6 |
| Group net income | 364.7 | +25.7% | 290.2 |
| Earnings per share in EUR | 3.02 | +25.7% | 2.41 |
| Retention | 84.0% | 89.2% | |
| Tax ratio | 29.0% | 13.0% | |
| EBIT margin1 | 15.0% | 10.9% | |
| Return on equity | 18.5% | 16.0% | |
| Property & Casualty | |||
| Gross written premium | 2,018.6 | +9.5% | 1,843.3 |
| Net premium earned | 2,134.4 | +11.9% | 1,906.9 |
| Net underwriting result | 180.9 | +43.3% | 126.3 |
| Operating profit (EBIT( | 405.0 | +17.7% | 344.0 |
| Group net income | 263.7 | -1.7% | 268.3 |
| Retention | 91.1% | 94.0% | |
| Combined Ratio2 | 91.3% | 93.1% | |
| EBIT margin1 | 19.0% | 18.0% | |
| Life & Health | |||
| Gross written premium | 2,104.3 | +16.0% | 1,814.1 |
| Met premium earned | 1,628.3 | +5.1% | 1,550.0 |
| Operating profit (EBIT) | 158.8 | 29.9 | |
| Group net income | 111.8 | 38.8 | |
| Retention | 77.2% | 84.3% | |
| EBIT margin1 | 9.8% | 1.9% | |