Hannover Re Reports Strong Earnings and Dividend Increase

Hannover Rück SE announced a significant rise in group net income by 13.4% to EUR 2.6 billion for the 2025 financial year. Despite challenging market conditions, the company managed to implement strategic measures to bolster future profitability.

Reinsurance revenue (gross) saw a modest increase, adjusted for currency effects, while the property and casualty reinsurance division reported resilience in loss reserves and large losses below budget. Life and health reinsurance showed strong results, exceeding guidance.

The proposed dividend sees a substantial 39% increase to EUR 12.50 per share, reflecting a revised payout ratio of 57%. The return on equity surpassed strategic targets at 21.4%, and the return on investment reached 2.5%, boosted by strategic realization of hidden losses.

For 2026, Hannover Re expects net income of at least EUR 2.7 billion, with continued growth in property and casualty reinsurance and a projected rise in life and health reinsurance services.