Hannover Ruck 8/7/2024 Earnings Report

Hannover Ruck EPS Results

• Actual EPS: $2.69
• Consensus EPS: $0.65
• Beat/Miss: Beat by +$2.04
• One Year Ago EPS: N/A

Hannover Ruck Revenue Results

• Actual Revenue: $6.72 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Hannover Ruck Announcement Details

• Date: 8/7/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets. The firm serves a diversified client base that includes primary insurance companies, brokers and other reinsurance entities, and it engages in both short‑term property/casualty business and longer‑duration life & health contracts. Hannover Re operates through a network of regional offices and subsidiaries to provide local underwriting, claims support and actuarial services while maintaining centralized capital management and risk oversight.

Hannover Re emphasizes disciplined underwriting, sophisticated actuarial analysis and diversified risk pooling to manage its portfolio, and it offers advisory services and solutions to help cedants optimize capital efficiency and regulatory capital requirements. The company’s operations combine technical underwriting expertise with capital markets capabilities to provide customized risk transfer and risk management solutions for clients around the world. Information on specific executive leadership or recent organizational changes was not provided here to avoid inaccuracy.