Key figures
| in EUR million | 2013 | 20121 | ||||||
|---|---|---|---|---|---|---|---|---|
| 1.1.– 30.6. | 1.7.– 30.9. | +/- previous year | 1.1.- 30.9. | +/- previous year | 1.7.– 30.9. | 1.1.– 30.9. | 31.12. | |
| Results | ||||||||
| Gross written premium | 7,226.7 | 3,311.2 | -2.8% | 10,537.9 | +2.3% | 3,407.5 | 10,296.0 | |
| Net premium earned | 6,191.5 | 2,925.8 | -6.7% | 9,117.3 | +1.8% | 3,134.2 | 8,959.0 | |
| Net underwriting result | (5.5) | (43.2) | (48.7) | (39.7) | (52.9) | |||
| Net investment income | 689.0 | 364.2 | -27.1% | 1,053.2 | -12.9% | 499.3 | 1,208.8 | |
| Operating profit (EBIT) | 670.7 | 291.0 | -30.7% | 961.6 | -5.4% | 419.6 | 1,016.8 | |
| Group net income | 407.7 | 205.5 | -22.6% | 613.2 | -8.6% | 265.5 | 670.8 | |
| Balance sheet | ||||||||
| Policyholders’ surplus | 8,467.5 | 8,630.2 | -3.5% | 8,947.2 | ||||
| Equity attributable to shareholders of Hannover Rück SE | 5,595.4 | 5,756.5 | -4.6% | 6,032.5 | ||||
| Non-controlling interests | 636.5 | 636.8 | -6.6% | 681.7 | ||||
| Hybrid capital | 2,235.6 | 2,236.9 | +0.2% | 2,233.0 | ||||
| Investments (excl. funds withheld by ceding companies) | 31,609.8 | 31,824.4 | -0.2% | 31,874.4 | ||||
| Total assets | 55,157.1 | 54,866.3 | +0.1% | 54,811.7 | ||||
| Share | ||||||||
| Earnings per share (basic and diluted) in EUR | 3.38 | 1.70 | -22.6% | 5.08 | -8.6% | 2.20 | 5.56 | |
| Book value per share in EUR | 46.40 | 47.73 | -4.6% | 48.97 | 50.02 | |||
| Share price at the end of the period in EUR | 55.32 | 54.36 | -7.8% | 49.725 | 58.96 | |||
| Market capitalisation at the end of the period | 6,671.4 | 6,555.7 | -7.8% | 5,996.7 | 7,110.4 | |||
| Ratios | ||||||||
| Combined ratio (non-life reinsurance)2 | 94.4% | 96.3% | 95.0% | 95.8% | 96.5% | |||
| Major losses as percentage of net premium earned (non-life reinsurance)3 | 7.6% | 11.1% | 8.8% | 3.5% | 3.8% | |||
| Retention | 90.0% | 86.4% | 88.9% | 89.4% | 89.7% | |||
| Return on investment (excl. funds withheld by ceding companies) | 3.2% | 3.6% | 3.3% | 5.3% | 4.3% | |||
| EBIT margin4 | 10.8% | 9.9% | 10.5% | 13.4% | 11.3% | |||
| Return on equity | 14.0% | 14.5% | 13.9% | 18.7% | 16.5% | |||
| 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 4 Operating result (EBIT)/net premium earned | ||||||||