Hannover Rück SE (HVRRF) Stock

About Hannover Rück SE

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 headquartered in DE.

Hannover Rück SE (HVRRF) stock trades at $291.63 with a market capitalization of $35.17B. The stock is valued at a price-to-earnings (P/E) ratio of 3.29, price-to-book of 2.20, price-to-sales of 0.37. Over the past 52 weeks the stock has ranged between $262.33 and $326.75, and currently trades 10.7% below its 52-week high. It pays a dividend yielding 5.05%.

On profitability, Hannover Rück SE generates a return on equity (ROE) of 73.88%, above the typical market range of roughly 12-15%, return on capital employed of 2.39%, an operating margin of 2.12%, a net profit margin of 11.13%.

In its most recent fiscal year, Hannover Rück SE reported annual revenue of $24.0B, net profit of $2.6B. Over the last 5 fiscal years, revenue grew at an average annual rate of 0.6%, and net profit grew at an average annual rate of 24.5%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 0.30 (debt below half of shareholders' equity), a current ratio of -0.72, total assets of $71.3B, $1.1B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

HVRRF has an average daily trading volume of 4 shares, a beta of 0.12 (historically less volatile than the overall market).

Official website: www.hannover-re.com

Hannover Rück SE by the numbers, 2016–2025

Between 2016 and 2025 Hannover Rück SE reported revenue of $16.1B rising to $24.0B, a change of +49.6% across 10 years. Compounded, revenue has grown 0.6% a year over five years, 158.7% over three, 804.6% over the last twelve months. Net profit rose to $2.6B.

Operating margin went from 10.1% in 2016 to 14.2% in 2025, a gain of 4.1 percentage points. The most recent net margin is 11.13%. On a trailing twelve-month basis to Mar '26, revenue is $29.8B and net profit $2.9B.

Borrowings rose from $1.8B to $4.1B, cash on hand is $1.1B, cash from operations was $5.7B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 15.4% over five years, and was 20.4% in the most recent year.

The share price itself has compounded at —% a year over five years, 14.4% over three, -4.7% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Hannover Rück SE (HVRRF) — frequently asked questions