Hannover Rück SE (HVRRF)
Hannover Rück SE operates in the Insurance - Reinsurance industry of the Financial Services sector, headquartered in Hanover, NI, DE. The stock last traded at $291.63, up 0.00% on the session, giving a market capitalisation of $35.17B. On trailing twelve-month figures it carries a trailing P/E of 3.25, a net margin of 11.1%. Its beta of 0.12 implies it has historically moved less than the broad market.
Hannover Rück SE, in collaboration with its global subsidiaries, delivers a broad spectrum of reinsurance products and services. Its business operations are strategically structured across two primary divisions: Property & Casualty (P&C) Reinsurance and Life & Health (L&H) Reinsurance. The P&C segment offers extensive coverage, encompassing standard property and casualty lines, individual facultative placements, catastrophe excess-of-loss (Cat XL) protection, tailored structured reinsurance programs, and insurance-linked securities (ILS). Furthermore, it extends specialized risk solutions to diverse sectors such as agriculture (including livestock and bloodstock), aviation and space, marine, and offshore energy. The company also underwrites reinsurance for credit, surety, and political risks. Within the L&H division, a varied portfolio of products is available, including group and individual credit life, enhanced annuity solutions, group life and health programs, and Sharia-compliant Takaful reinsurance. This segment also provides expert risk management services covering critical illness, disability, general health, longevity, long-term care, mortality, and morbidity. Beyond its core reinsurance offerings, Hannover Rück SE furnishes various financial solutions. These services include financing for new ventures, the monetization of embedded value, support for reserve and solvency optimization, and strategic divestitures of non-core business units. The company was established in 1966 and maintains its headquarters in Hanover, Germany. Previously known as Hannover Rückversicherung AG, it officially changed its name to Hannover Rück SE in March 2013. Hannover Rück SE functions as a subsidiary of Talanx AG.
Hannover Rück SE is most often compared with the following Financial Services names: