Type Societas Europaea Industry Financial services Headquarters Hanover, Germany Revenue 17.1 billion EUR (2015) | Traded as FWB: HNR1 Products Reinsurance Founded 1966 Number of employees 2,568 | |
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Key people Ulrich Wallin (CEO and Chairman of the executive board), Herbert K. Haas (Chairman of the supervisory board) Operating income Stock price HNR1 (ETR) € 106.90 +1.10 (+1.04%)15 Mar, 5:35 PM GMT+1 - Disclaimer | ||
Hannover re chairman ceo growth in ils asia pacific microinsurance
Hannover Re (in German Hannover Rück) SE, with a gross premium of around €16.4 billion, is the third-largest reinsurance company in the world. Its headquarters is in Hannover, Germany.
The company was founded in 1966 under the name Aktiengesellschaft für Transport- und Rückversicherung (ATR).
Hannover Re transacts all lines of property & casualty and life & health reinsurance and has a network of subsidiaries, branches and representative offices on all five continents with a total staff of roughly 2,900. The Group's German business is written by the subsidiary E+S Rück.
The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior").