Key figures of the Hannover Re Group (IFRS basis)
| in EUR million | H1/2016 | +/- previous year | H1/2015 | 2015 |
|---|---|---|---|---|
|
1 Operating profit(EBIT)/net premium earned |
||||
| Hannover Re Group | ||||
| Gross written premium | 8,283.8 | -3.5% | 8,586.5 | |
| Net premium earned | 7,166.7 | +2.1% | 7,019,4 | |
| Net underwriting result | (2.7) | (93.9) | ||
| Net investment income | 744.8 | -6.8% | 798.8 | |
| Operating profit (EBIT) | 745.2 | -5.6% | 789.4 | |
| Group net income | 486.1 | -8.6% | 531.9 | |
| Earnings per share in EUR | 4.03 | -8.6% | 4.41 | |
| Retention | 89.8% | 88.3% | ||
| Tax ratio | 27.5% | 24.9% | ||
| EBIT margin1 | 10.4% | 11.2% | ||
| Return on equity | 11.8% | 14.0% | ||
| Policyholders' surplus | 10,627.0 | +3.5% | 10,267.3 | |
| Investments (excl. funds held with ceding companies) | 39,754.0 | +1.0% | 39,346.9 | |
| Total assets | 62,317.7 | -1.4% | 63,214.9 | |
| Book value per share in EUR | 69.83 | +4.4% | 66.90 | |
| Property & Casualty reinsurance | ||||
| Gross written premium | 4,627.4 | -6.9% | 4,972.2 | |
| Net premium earned | 3,838.4 | -1.4% | 3,894.2 | |
| Net underwriting result | 166.4 | -2.6% | 170.9 | |
| Operating profit (EBIT) | 560.9 | -3.9% | 583.7 | |
| Group net income | 376.2 | -10.1% | 418.4 | |
| Retention | 88.2% | 89.6% | ||
| Combined Ratio2 | 95.4% | 95.4% | ||
| EBIT margin1 | 14.6% | 15.5% | ||
| Life & Health reinsurance | ||||
| Gross written premium | 3,656.4 | +1.2% | 3,614.5 | |
| Net premium earned | 3,328.1 | +6.5% | 3,124.8 | |
| Operating profit (EBIT) | 179.1 | -10.5% | 200.0 | |
| Group net income | 130.6 | -10.3% | 145.6 | |
| Retention | 91.8% | 86.5% | ||
| EBIT margin1 | 5.4% | 6.4% | ||
| in EUR million | Q2/2016 | +/- previous year | Q2/2015 | |
|---|---|---|---|---|
|
1 Operating profit (EBIT)/net premium earned |
||||
| Hannover Re Group | ||||
| Gross written premium | 4,020.2 | -4.0% | 4,186.3 | |
| Net premium earned | 3,624.6 | +1.0% | 3,587.5 | |
| Net underwriting result | (38.7) | (33.7) | ||
| Net investment income | 378.5 | -1.2% | 383.1 | |
| Operating profit (EBIT) | 338.5 | -6.1% | 360.4 | |
| Group net income | 214.9 | -14.8% | 252.2 | |
| Earnings per share in EUR | 1.78 | -14.8% | 2.09 | |
| Retention | 90.6% | 88.0% | ||
| Tax ratio | 29.9% | 17.4% | ||
| EBIT margin1 | 9.3% | 10.0% | ||
| Return on equity | 10.2% | 12.5% | ||
| Property & Casualty | ||||
| Gross written premium | 2,125.2 | -9.8% | 2,355.1 | |
| Net premium earned | 1,877.1 | -6.7% | 2,011.9 | |
| Net underwriting result | 66.1 | -29.9% | 94.3 | |
| Operating profit (EBIT) | 261.3 | -20.5% | 328.5 | |
| Group net income | 171.9 | -30.4% | 247.0 | |
| Retention | 88.5% | 90.3% | ||
| Combined Ratio2 | 96.1% | 95.0% | ||
| EBIT margin1 | 13.9% | 16.3% | ||
| Life & Health | ||||
| Gross written premium | 1,895.0 | +3.5% | 1,831.2 | |
| Net premium earned | 1,747.5 | +10.9% | 1,575.2 | |
| Operating profit (EBIT) | 73.6 | +175.5% | 26.7 | |
| Group net income | 52.7 | +191.5% | 18.1 | |
| Retention | 93.0% | 85.0% | ||
| EBIT margin1 | 4.2% | 1.7% | ||