Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; catastrophe XL; credit, surety, and political risks; facultative; and marine and offshore energy businesses, as well as insurance-linked securities and structured reinsurance. It offers risk solutions in the areas of critical illness, disability, health, longevity, long term care, and mortality. In addition, the company offers group life, retirement, lifestyle, credit life, and Takaful reinsurance products. Further, the company provides various financial solutions, including new-business financing; monetization of embedded value; reserve and solvency relief; and reinsurance and solvency II businesses. The company was formerly known as Hannover Rückversicherung AG and changed its name to Hannover Rück SE in March 2013. Hannover Rück SE was founded in 1966 and is based in Hanover, Germany. Hannover Rück SE operates as a subsidiary of Talanx AG.
Metrics to compare | HNRGn | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipHNRGnPeersSector | |
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P/E Ratio | 15.5x | 10.8x | 8.7x | |
PEG Ratio | 0.13 | 0.09 | 0.03 | |
Price/Book | 3.0x | 1.3x | 1.0x | |
Price / LTM Sales | 1.2x | 0.7x | 2.7x | |
Upside (Analyst Target) | −2.7% | 1.0% | 11.7% | |
Fair Value Upside | Unlock | 5.9% | 2.9% | Unlock |