Hannover Rück SE Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	18,780	18,950	17,407	17,924	15,140
Investment Income	186.23	188.54	159.78	204.34	187.95
Net Gains on Investments	498.94	27.51	8.4	745.08	280.43
Total Other Revenues	352.2	243.17	192.56	167.26	315.45
Revenue	19,818	19,409	17,767	19,040	15,924
Revenue Growth (YoY)	2.10%	9.24%	-6.69%	19.57%	18.25%
Insurance Benefits & Claims	14,878	14,183	13,179	14,143	11,243
Policy Amortization Costs	4,684	4,490	4,425	4,193	3,633
Investment Expense	112.2	145.84	97.97	176.12	73.11
Other Operating Expenses	1,590	1,023	1,260	23.7	-178.16
Operating Income	-1,447	-431.94	-1,195	503.75	1,153
Other Non-Operating Income (Expense)	-487.88	-505.5	-467.4	-397.54	-
Total Non-Operating Income (Expense)	-487.88	-505.5	-467.4	-397.54	-
Pretax Income	-1,934	-937.44	-1,662	106.21	1,153
Provision for Income Taxes	330.61	570.95	189.99	67.95	-
Net Income	-2,265	-1,508	892.26	38.26	1,153
Net Income to Common	-2,265	-1,508	892.26	38.26	1,153
Net Income Growth	-	-	2231.86%	-96.68%	178.02%
Shares Outstanding (Basic)	121	121	121	121	121
Shares Outstanding (Diluted)	121	121	121	121	121
EPS (Basic)	21.90	19.31	15.13	6.47	10.21
EPS (Diluted)	21.90	19.31	15.13	6.47	10.21
EPS Growth	13.41%	27.63%	133.85%	-36.63%	39.48%
Shares Outstanding	120.6	120.6	120.6	120.6	120.6
Free Cash Flow	5,687	5,682	5,786	5,164	4,940
Free Cash Flow Growth	0.09%	-1.79%	12.03%	4.53%	63.69%
Free Cash Flow Per Share	47.16	47.11	47.97	42.82	40.97
Dividends Per Share	12.500	7.000	6.000	5.000	4.500
Dividend Growth	78.57%	16.67%	20.00%	11.11%	-
Operating Margin	-7.30%	-2.23%	-6.72%	2.65%	7.24%
Profit Margin	-11.43%	-7.77%	5.02%	0.20%	7.24%
FCF Margin	28.70%	29.27%	32.56%	27.12%	31.03%
EBITDA	-1,447	-431.94	-1,195	148.33	1,107
EBITDA Margin	-7.30%	-2.23%	-6.72%	0.78%	6.95%
EBIT	-1,447	-431.94	-1,195	503.75	1,153
EBIT Margin	-7.30%	-2.23%	-6.72%	2.65%	7.24%
Effective Tax Rate	-17.09%	-60.91%	-11.43%	63.97%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.