Key figures of the Hannover Re Group (IFRS basis)
| in EUR million | Q1/2016 | +/- previous year | Q1/2015 | 2015 |
|---|---|---|---|---|
|
1Operating profit (EBIT)/net premium earned |
||||
| Hannover Re Group | ||||
| Gross written premium | 4,263.6 | -3.1% | 4,400.2 | |
| Net premium earned | 3,542.0 | +3.2% | 3,431.9 | |
| Net underwriting result | 36.0 | (6.2) | ||
| Net investment income | 366.2 | -11.9% | 415.7 | |
| Operating profit (EBIT) | 406.7 | -5.2% | 429.0 | |
| Group net income | 271.2 | -3.1% | 279.7 | |
| Earnings per share in EUR | 2.25 | -3.1% | 2.32 | |
| Retention | 89.0% | 88.6% | ||
| Tax ratio | 26.2% | 31.1% | ||
| EBIT margin1 | 11.5% | 12.5% | ||
| Return on equity | 13.2% | 13.9% | ||
| Policyholders' surplus | 10,551.6 | +2.8% | 10,267.3 | |
| Investments (excluding funds held with ceding companies) | 39,065.4 | -0.7% | 39,346.9 | |
| Total assets | 61,889.8 | -2.1% | 63,214.9 | |
| Book value per share in EUR | 69.42 | +3.8% | 66.90 | |
| Property & Casualty | ||||
| Gross written premium | 2,502.1 | -4.4% | 2,617.1 | |
| Net premium earned | 1,961.3 | +4.2% | 1,882.3 | |
| Net underwriting result | 100.3 | +31.0% | 76.6 | |
| Operating profit (EBIT) | 299.7 | +17.4% | 255.2 | |
| Group net income | 204.3 | +19.2% | 171.4 | |
| Retention | 87.9% | 88.9% | ||
| Combined Ratio2 | 94.7% | 95.7% | ||
| EBIT margin1 | 15.3% | 13.6% | ||
| Life & Health | ||||
| Gross written premium | 1,761.4 | -1.2% | 1,783.3 | |
| Net premium earned | 1,580.7 | +2.0% | 1,549.5 | |
| Operating profit (EBIT) | 105.5 | -39.1% | 173.3 | |
| Group net income | 77.9 | -38.9% | 127.5 | |
| Retention | 90.5% | 88.1% | ||
| EBIT margin1 | 6.7% | 11.2% | ||