Assets | ||
in EUR thousand | 30.6.2019 | 31.12.2018 |
---|---|---|
Fixed-income securities – held to maturity | 250,486 | 249,943 |
Fixed-income securities – loans and receivables | 2,455,186 | 2,398,950 |
Fixed-income securities – available for sale | 35,245,351 | 33,239,685 |
Fixed-income securities – at fair value through profit or loss | 581,506 | 559,750 |
Equity securities – available for sale | 30,587 | 28,729 |
Other financial assets – at fair value through profit or loss | 214,108 | 190,759 |
Investment property | 1,626,634 | 1,684,932 |
Real estate funds | 486,332 | 433,899 |
Investments in associated companies | 218,112 | 110,545 |
Other invested assets | 2,075,770 | 1,805,281 |
Short-term investments | 463,030 | 421,950 |
Cash and cash equivalents | 1,199,119 | 1,072,915 |
Total investments and cash under own management | 44,846,221 | 42,197,338 |
Funds withheld | 11,116,195 | 10,691,768 |
Contract deposits | 202,003 | 172,873 |
Total investments | 56,164,419 | 53,061,979 |
Reinsurance recoverables on unpaid claims | 1,932,008 | 2,084,630 |
Reinsurance recoverables on benefit reserve | 748,066 | 909,056 |
Prepaid reinsurance premium | 150,239 | 93,678 |
Reinsurance recoverables on other technical reserves | 13,290 | 7,170 |
Deferred acquisition costs | 2,542,464 | 2,155,820 |
Accounts receivable | 5,110,044 | 3,975,778 |
Goodwill | 86,061 | 85,588 |
Deferred tax assets | 413,211 | 454,608 |
Other assets | 626,874 | 629,420 |
Accrued interest and rent | 13,546 | 11,726 |
Assets held for sale | 178,515 | 1,039,184 |
Total assets | 67,978,737 | 64,508,637 |
Liabilities | ||
in EUR thousand | 30.6.2019 | 31.12.2018 |
---|---|---|
Loss and loss adjustment expense reserve | 31,258,250 | 28,758,575 |
Benefit reserve | 8,835,560 | 9,184,356 |
Unearned premium reserve | 4,973,528 | 3,166,964 |
Other technical provisions | 610,517 | 575,996 |
Funds withheld | 932,311 | 969,261 |
Contract deposits | 3,591,288 | 3,611,654 |
Reinsurance payable | 1,245,695 | 1,156,231 |
Provisions for pensions | 204,993 | 182,291 |
Taxes | 260,673 | 244,093 |
Deferred tax liabilities | 2,023,151 | 1,700,082 |
Other liabilities | 935,530 | 612,093 |
Long-term debt and notes payable | 2,566,397 | 2,558,884 |
Liabilities related to assets held for sale | 33,778 | 2,246,129 |
Total liabilities | 57,471,671 | 54,966,609 |
Shareholders’ equity | ||
Common shares | 120,597 | 120,597 |
Nominal value: 120,597 Conditional capital: 60,299 |
||
Additional paid-in capital | 724,562 | 724,562 |
Common shares and additional paid-in capital | 845,159 | 845,159 |
Cumulative other comprehensive income | ||
Unrealised gains and losses on investments | 1,219,447 | 346,509 |
Cumulative foreign currency translation adjustment | 263,699 | 201,369 |
Changes from hedging instruments | 66 | (3,160) |
Other changes in cumulative other comprehensive income | (66,695) | (53,364) |
Total other comprehensive income | 1,416,517 | 491,354 |
Retained earnings | 7,471,041 | 7,440,278 |
Equity attributable to shareholders of Hannover Rück SE | 9,732,717 | 8,776,791 |
Non-controlling interests | 774,349 | 765,237 |
Total shareholders’ equity | 10,507,066 | 9,542,028 |
Total liabilities and shareholders´ equity | 67,978,737 | 64,508,637 |