Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  Hannover Rueck SE    HNR1   DE0008402215

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Hannover Rueckversicherung AG : Hannover Re Estimates Burden of Losses for Wrecked Costa Concordia

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/23/2012 | 11:05am CET

As already reported by Hannover Re on 16 January, the incident involving the Costa Concordia cruise ship will result in a major loss for the company. The loss expenditure from marine hull insurance will be in the region of EUR 30 million for the company's net account. Liability claims are difficult to assess at this point in time. The assumption is that a market loss running into triple-digit millions of euros could result. The total loss for Hannover Re - as a leading marine reinsurer - could therefore be in the mid-double-digit million euro range.

Please visit: www.hannover-re.com

Hannover Re, with a gross premium of around EUR 11 billion, is the third-largest reinsurer in the world. It transacts all lines of non-life and life and health reinsurance and is present on all continents with around 2,200 staff. 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 'Excellent').

Please note the disclaimer: www.hannover-re.com/misc/disclaimer-pr-050811

Language:   English
Company: Hannover Rückversicherung AG
Karl-Wiechert-Allee 50 30625
Hannover Germany
Phone: +49-(0)511-5604-1500
Fax: +49-(0)511-5604-1648
E-mail:

info@hannover-re.com

Internet:

www.hannover-re.com

ISIN: DE0008402215
WKN: 840 221
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Terminbörse EUREX

Hannover Rückversicherung AG
Corporate Communications:
Karl Steinle
tel. +49 511 5604-1500
e-mail: karl.steinle@hannover-re.com
or
Media Relations:
Gabriele Handrick
tel. +49 511 5604-1502
e-mail: gabriele.handrick@hannover-re.com
or
Investor Relations:
Klaus Paesler
tel. +49 511 5604-1736
e-mail: klaus.paesler@hannover-re.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HANNOVER RUECK SE
11/18 HANNOVER RUECK : Re to operate in india
11/10 2016-11-10 | QUARTERLY STATEMENT AS : Hannover Re posts strong nine-month resul..
11/10 DGAP-NEWS : Hannover Re posts strong nine-month result for 2016
11/07HANNOVER RUECK SE : quaterly earnings release
11/04 HANNOVER RUECK : Investor consortium invests USD375 million in Somerset Re
11/04 5 reinsurance players get r2 preliminary nod from irdai
10/27 HANNOVER RUECK : Investor Consortium Invests USD375 Million in Somerset Re
10/25 Irdai accords second-round nod to 5 foreign reinsurers
10/24 HANNOVER RUECK : 2016-10-24 | Hannover Re subsidiary anticipates premium growth ..
10/24 DGAP-NEWS : Hannover Re subsidiary anticipates premium growth in the German mark..
More news
Sector news : Property & Casualty Reinsurance
10/21 Cautious Western insurers rebuild business ties with Iran
10/18 EU insurers' watchdog says eyeing 'macro-prudential' review of solvency rules
10/06DJInsurance Australia Extends Quota Share Deal with Munich Re
10/03DJMUENCHENER RUECKVERSICHERUNGS GES : Hurricane Matthew Moves Toward Haiti, Jamaic..
09/16 Phoenix in advanced talks to buy Deutsche Bank's Abbey Life
More sector news : Property & Casualty Reinsurance
News from SeekingAlpha
11/30 REINSURERS REMAIN OPTIMISTIC IN A CH : Industry Leaders
11/29 U.K.'S ILS AMBITIONS TO CREATE NEW R : Ben Reid, EY
11/29 HURRICANE MATTHEW WON'T MOVE THE DIA : Universal CRO
11/29 Buy Swiss Re For Its Sustainable 5% Yield
11/28 JANUARY REINSURANCE RENEWAL PRICING : Hannover Re
Advertisement
Financials (€)
Sales 2016 16 655 M
EBIT 2016 1 543 M
Net income 2016 1 039 M
Debt 2016 -
Yield 2016 4,84%
P/E ratio 2016 11,48
P/E ratio 2017 11,69
Capi. / Sales 2016 0,72x
Capi. / Sales 2017 0,71x
Capitalization 12 032 M
More Financials
Chart HANNOVER RUECK SE
Duration : Period :
Hannover Rueck SE Technical Analysis Chart | HNR1 | DE0008402215 | 4-Traders
Full-screen chart
Technical analysis trends HANNOVER RUECK SE
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 101 €
Spread / Average Target 0,82%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ulrich Wallin Chief Executive Officer
Herbert K. Haas Chairman-Supervisory Board
Roland Vogel Chief Financial Officer
Wolf-Dieter Baumgartl Member-Supervisory Board
Otto Müller Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HANNOVER RUECK SE-5.57%12 827
MUENCHENER RUECKVERSIC..-7.99%29 154
EVEREST RE GROUP LTD15.03%8 581
RENAISSANCERE HOLDINGS..15.42%5 375
VALIDUS HOLDINGS, LTD.18.28%4 337
ASPEN INSURANCE HOLDIN..7.45%3 125
More Results