Key figures
in EUR million | 2013 | 20121 | ||
---|---|---|---|---|
1.1. - 31.3. | +/- previous year |
1.1. - 31.3. | 31.12. | |
1 Adjusted on the basis of IAS 8 2 Incl. funds withheld 3 Hannover Re Group‘s net share for natural catastrophes and other major losses in excess of EUR 10 million gross as a percentage of net premium earned (until 31 December 2011: in excess of EUR 5 million gross) 4 Operating result (EBIT)/net premium earned |
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Results | ||||
Gross written premium | 3,757.9 | +7.0% | 3,510.6 | |
Net premium earned | 3,080.9 | +9.4% | 2,816.2 | |
Net underwriting result | 17.4 | 0.3 | ||
Net investment income | 354.7 | -19.5% | 440.6 | |
Operating profit (EBIT) | 352.5 | -10.3% | 393.2 | |
Group net income | 221.4 | -15.3% | 261.3 | |
Balance sheet | ||||
Policyholders’ surplus | 9,165.1 | +2.4% | 8,947.2 | |
Equity attributable to shareholders of Hannover Re | 6,293.1 | +4.3% | 6,032.5 | |
Non-controlling interests | 637.6 | -6.5% | 681.7 | |
Hybrid capital | 2,234.4 | +0.1% | 2,233.0 | |
Investments (excl. funds withheld by ceding companies) |
32,531.7 | +2.1% | 31,874.4 | |
Total assets | 56,381.0 | +2.9% | 54,811.7 | |
Share | ||||
Earnings per share (basic and diluted) in EUR | 1.84 | -15.3% | 2.17 | |
Book value per share in EUR | 52.18 | +4.3% | 44.38 | 50.02 |
Share price at the end of the period in EUR | 61.19 | +3.8% | 44.54 | 58.96 |
Market capitalisation at the end of the period | 7,379.3 | +3.8% | 5,371.4 | 7,110.4 |
Ratios | ||||
Combined ratio (non-life reinsurance)2 | 94.0% | 96.8% | ||
Major losses as percentage of net premium earned (non-life reinsurance)3 | 0.8% | 3.9% | ||
Retention | 89.9% | 91.0% | ||
Return on investment (excl. funds withheld by ceding companies) | 3.2% | 5.0% | ||
EBIT margin4 | 11.4% | 14.0% | ||
Return on equity | 14.4% | 20.3% |