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Hannover Re (in German Hannover Rück) is a reinsurance company based in Hannover, Germany. It is the third-largest reinsurance group in the world, with a gross premium of around €33 billion. Founded in 1966, Hannover Re transacts all lines of property & casualty and life & health reinsurance and has a network of over 170 subsidiaries, branches and representative offices on all five continents with a total staff of more than 3,000. The Group's German business is written by the subsidiary E+S Rück.

Key Information

History

[edit]

Hannover Re was founded on 6 June 1966.

In the 1970s, the company entered the US and Japanese markets. In 1981, the company made its first acquisition of a foreign insurance group – the Hollandia Group (now Hannover Re Group Africa). In 1990, the acquisition of Hamburger Internationale Rückversicherungs-AG followed.

In 1994, Hannover Re went public. In the same year, the company was the first reinsurer ever to securitise natural catastrophe risks for the capital market.

In 1996, Eisen und Stahl Rück was integrated into the Hannover Re Group. From then on, Hannover Re serves foreign insurance markets, while Eisen und Stahl Rück – now E+S Rück – takes responsibility for handling the German market.

As part of its increasingly international orientation, the legal form of the company was conversed to a Societas Europaea (European Company) in 2013. Hannover Re has since traded as Hannover Rück SE.

In 2025, Clemens Jungsthöfel succeeded Jean-Jacques Henchoz as Chief Executive Officer of Hannover Re.[6]

Structure

[edit]

Hannover Re transacts reinsurance in the business groups Property & Casualty and Life & Health.

Property & Casualty: Hannover Re offers a comprehensive range of products in treaty and facultative reinsurance as well as in the area of structured reinsurance solutions.[7]

Life & Health: Hannover Re offers its customers worldwide reinsurance protection in all lines of life and health insurance. It supports clients with the financing of new business and financial optimisation and offers product partnerships for strategic market positioning.[8]

Share and shareholder

[edit]

The majority shareholder of Hannover Re is Talanx AG with 50.2% of the voting rights. The remaining shares are held by institutional or private investors.[4]

Leadership

[edit]

Members of the Executive Board:[9] Clemens Jungsthöfel (CEO), Christian Hermelingmeier (CFO), Sven Althoff (Property & Casualty reinsurance), Sharon Ooi (Property & Casualty reinsurance), Silke Sehm (Property & Casualty reinsurance), Thorsten Steinmann (Property & Casualty reinsurance), Claude Chèvre (Life & Health reinsurance), Brona Magee (Life & Health reinsurance).

Members of the Supervisory Board:[10] Torsten Leue (Chairman), Herbert K. Haas, Ilka Hundeshagen, Timo Kaufmann, Harald Kayser, Sibylle Kempff, Alena Kouba, Dr. Ursula Lipowsky, Dr. Michael Ollmann.

Locations

[edit]

Africa: Abidjan, Johannesburg The Americas: Bogotá, Denver, Hamilton, Itasca, Mexico City, Orlando, Rio de Janeiro, Toronto Asia: Hong Kong, Kuala Lumpur, Manama, Mumbai, Seoul, Shanghai, Taipei, Tokyo Australia: Sydney Europe: Dublin, Hannover, London, Madrid, Milan, Paris, Stockholm[11]

Hannover Re Foundation

[edit]

The Hannover Re Foundation was created in 1991 to mark the company's 25th anniversary. Its focus was initially – and remains to this day – on supporting contemporary art and culture in the region, especially through the acquisition of artworks which are made available to the Sprengel Museum in Hannover on permanent loan. It also lends its support to other cultural institutions based in the region, such as the Kunstverein Hannover, the Kestnergesellschaft, the Wilhelm Busch Museum and the Art Museum of Celle. In 2022 the Foundation substantially expanded its self-defined mandate and amended its statutes. Since taking this step, it has extended its support for art and culture to also include projects relating to sustainability. The emphasis is on projects that – in the global context – promote environmental and climate protection, training and education, science and research as well as preventive protection against natural disasters. This also includes the goal of contributing to the creation of intragenerational justice and leaving behind a liveable world for future generations. Since 2023 the Hannover Re Foundation has additionally assumed responsibility for the "Masterclass Students" exhibition series, which was launched back in 2014 in cooperation with Braunschweig University of Art.[12]

Hannover Rück SE additionally has its own corporate art collection.[13]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Hannover Re

View on Grokipedia
from Grokipedia
Hannover Rück SE, commonly known as Hannover Re, is a leading global company headquartered in Hannover, . Founded in 1966, it operates as a pure-play reinsurer, providing property & casualty and life & health solutions worldwide to primary insurers, with a focus on innovative risk transfer and customer-oriented products. As the third-largest reinsurance group globally by , Hannover Re reported approximately US$32 billion in in 2024 and employs approximately 3,900 people across its international network. The company maintains strong financial ratings, including AA- ("Very Strong") from Standard & Poor's and A+ ("Superior") from A.M. Best, reflecting its financial soundness and expertise in managing complex risks. Hannover Re is publicly traded on the , with AG holding a majority stake of 50.2% as of December 31, 2024, while the remaining shares are in free float. The company's emphasizes disciplined , technological innovation, and , enabling it to support clients in emerging markets and develop tailored solutions for risks such as and pandemics. Through subsidiaries like E+S Rück for German operations and Hannover Re for life and health lines, it maintains a robust presence in over 20 countries, contributing to its reputation as a reliable partner in the industry.

Introduction and Overview

Company Profile

Hannover Re, officially Hannover Rück SE, is a leading global founded on 6 June 1966 as a specialist in property and casualty . Headquartered in , the company adopted the legal form of in 2013 to enhance its European operations. With approximately 4,000 employees worldwide, Hannover Re maintains a strong international footprint, transacting business in property & casualty and life & health across more than 20 countries. As the third-largest reinsurance group globally by gross premiums written, Hannover Re reported gross written premiums of €29.8 billion in 2024, an increase from €27.3 billion in 2023. Its gross reinsurance revenue stood at €24.5 billion in 2023, reflecting steady growth in a competitive market. The company achieved a group net income of €2.3 billion for the full year 2024 and €2.0 billion for the first nine months of 2025. Hannover Re is majority-owned by AG, which holds a 50.2% stake, with the remaining shares in free float. The company's official is www.hannover-re.com, providing resources on its operations and financial reports.

Business Model and Operations

Hannover Re operates as a global provider, focusing on transferring and managing risks from primary insurers through specialized products in property and casualty (P&C) and life and health (L&H) segments. In P&C , the company offers treaty reinsurance, which covers entire portfolios of risks under predefined agreements; facultative reinsurance, involving individual risk assessments; and structured solutions tailored to specific client needs, such as protection and financial optimization. In the L&H segment, Hannover Re provides protection against mortality, morbidity, and risks, financing solutions for capital-efficient product launches, and partnerships to co-develop innovative products with clients. The company's risk diversification strategy emphasizes broad geographic and peril exposure limits, supplemented by innovative instruments to mitigate peak risks. Hannover Re pioneered the of natural catastrophe risks in with its KOVER transaction, marking the first such issuance globally, and has since executed multiple follow-on deals to transfer extreme event exposures to investors. This approach integrates traditional with alternative risk transfer mechanisms, enhancing overall portfolio resilience against correlated losses from events like earthquakes or hurricanes. Underwriting discipline at Hannover Re prioritizes selective selection and adequacy, guided by advanced modeling and to maintain profitability across cycles. The firm actively utilizes alternative risk transfer, particularly insurance-linked securities (ILS) such as catastrophe bonds, to diversify away from traditional capacity and access institutional capital for high-severity risks. These ILS structures allow efficient transfer of (re)insurance risks to the capital markets, often in forms like multi-year protections against natural catastrophes or non-life perils. Operationally, Hannover Re emphasizes tailored support for clients worldwide, leveraging its and deep expertise in emerging risks like cyber and to deliver customized solutions. With gross written premiums supporting operations on a scale exceeding €30 billion annually, the company focuses on consultative partnerships that address unique client challenges in volatile markets. Key performance indicators, such as the combined ratio in P&C , reflect this strategy's effectiveness; for the first nine months of 2025, it improved to 86.0%, underscoring strengthened results amid favorable conditions.

History

Founding and Early Development

Hannover Re was established on 6 June 1966 in , , as the für Transport- und Rückversicherung (ATR), a dedicated provider formed by five founding companies to address the growing needs of the property and casualty sector. The initiative was spearheaded by the Feuersozietät (FSV), which held an 87% stake, reflecting the post-World War II German landscape's emphasis on self-sufficiency amid limited external options and intense domestic . With an initial share capital of DM 5 million (approximately €2.55 million), of which DM 1.5 million was paid up, the company started operations with a focus on proportional and non-proportional treaties, prioritizing stability and risk diversification in a market still recovering from wartime disruptions. In its early years, Hannover Re concentrated on European markets, particularly , to secure capacity for its parent entities and build a robust portfolio through broker relationships and innovative product offerings. The merger between HDI and FSV prompted a relocation to Hannover, aligning the company more closely with its namesake city and enhancing operational synergies within the evolving German conglomerate. Foundational strategies emphasized long-term partnerships with international brokers and a shift toward non-proportional to mitigate large-scale losses, though the company faced initial hurdles, including a significant DM 52 million claim in 1971 that tested its resilience and led to efforts in . The 1970s marked Hannover Re's tentative steps toward international expansion, beginning with entry into the market in 1971 through collaboration with broker to access North American risks. This was followed in 1972 by penetration of the Japanese market, where the company provided specialized capacity for earthquake risks, capitalizing on its expertise in catastrophe amid growing global demand. Despite challenges such as a attempted boycott by competitors in the secretive post-war reinsurance environment, these moves laid the groundwork for Hannover Re's evolution into a more globally oriented player by the decade's end.

Key Acquisitions and Expansions

In 1981, Hannover Re expanded its presence in emerging markets by acquiring a majority shareholding in the Hollandia Group, a Johannesburg-based insurer, which laid the foundation for what is now known as Hannover Re Group . This move marked the company's first significant international acquisition, enhancing its footprint in the African reinsurance sector. The company continued its growth trajectory in 1990 with the acquisition of Hamburger Internationale Rückversicherungs-AG (HIR), a Hamburg-based reinsurer, which strengthened Hannover Re's capabilities in property and casualty . This integration allowed Hannover Re to absorb HIR's established portfolio and expertise, further diversifying its offerings. A pivotal expansion occurred in 1994 when Hannover Re went public through an (IPO) on the Frankfurt and Hannover stock exchanges, placing 25% of its share capital on the market on November 30. In the same year, the company pioneered the reinsurance industry's first securitization of natural catastrophe risks via the Kover transaction, transferring potential losses from perils like earthquakes and hurricanes to capital markets investors. This innovative structure, valued at approximately USD 30 million, set a for alternative risk transfer mechanisms and broadened Hannover Re's access to diversified funding sources. In 1996, Hannover Re restructured its operations by integrating Eisen und Stahl Rück into the group, renaming it E+S Rück and positioning it as the dedicated reinsurer for German industrial risks, including , casualty, and specialty lines tailored to domestic markets. This integration optimized the group's internal divisions, with E+S Rück focusing exclusively on while Hannover Re handled international business, improving operational efficiency and market specialization. By 2013, Hannover Re underwent a structural transformation, converting from a German stock corporation (AG) to a (Societas Europaea, or SE) on March 19, which enhanced its flexibility for cross-border operations within the . The change to Hannover Rück SE facilitated greater adaptability in governance and employee participation across member states, aligning with the company's expanding global strategy without altering its core business focus.

Recent Milestones

In 2024, Hannover Re achieved a record group of €2.3 billion, marking a 28% increase from the previous year, driven by strong performance and favorable investment returns. The company also reported premium growth of 7.6% in its January 1, 2025 renewals, reflecting robust demand in property and casualty amid a stable market environment. On October 5, 2025, Hannover Re announced modifications to its to enhance shareholder returns, increasing the regular payout ratio to approximately 55% of IFRS group from the prior total ratio of around 46%, with special dividends reserved for exceptional cases. This change, effective for the 2025 financial year, underscores the company's confidence in its sustained profitability and capital strength. A significant leadership transition occurred in November 2024, when Hannover Re disclosed that CEO Jean-Jacques Henchoz stepped down from the executive board on March 31, 2025, and was succeeded by Clemens Jungsthöfel effective April 1, 2025. Jungsthöfel's appointment, alongside Christian Hermelingmeier assuming the role, ensured continuity in the company's strategic direction amid ongoing market challenges. For the first nine months of 2025, Hannover Re reported group of €2.0 billion, a 7.7% rise year-over-year, supported by a combined ratio of 86.0% in property and casualty and lower-than-expected large loss expenditures. Buoyed by this performance, the company raised its full-year 2025 guidance to €2.6 billion in group , up from the initial €2.4 billion target. Throughout 2025, Hannover Re navigated major catastrophe events, including the wildfires, which contributed €615 million in net losses as the largest individual event in the first nine months, and Hurricane Melissa, with estimated net losses in the low three-digit millions of euros—below €500 million overall. These events remained within the company's €2.1 billion annual large loss budget, highlighting effective practices that build on historical innovations like the 1994 of natural catastrophe risks. Looking ahead, Hannover Re projected group of at least €2.7 billion for 2026, anticipating continued premium growth above 5% and a stable yield of around 2.9%, despite potential volatility from climate-related perils. This outlook reflects optimism for the January 1, 2026 renewals in a market characterized by attractive conditions.

Corporate Governance

Ownership and Shareholders

Hannover Rück SE, operating as Hannover Re, is majority owned by AG, which holds 50.2% of the company's shares as of December 31, 2024. The remaining 49.8% free float is distributed among institutional investors, who collectively own approximately 23% of total shares, and private investors holding about 27%. This structure ensures a balanced influence from the parent company while providing liquidity and diverse perspectives through public market participation. Hannover Re's common shares, totaling 120,597,134 no-par-value registered shares with a nominal value of €1 each, have been listed on the under the HNR1 since its in 1994. The shares are also traded on other German exchanges and Xetra, with American Depositary Receipts available in the United States. As a (SE) since its conversion in 2013, Hannover Re operates under EU Council Regulation (EC) No 2157/2001, granting shareholders enhanced cross-border rights, including the eligibility of non-German residents for election to the to promote international representation. These regulations also allow shareholders holding at least 10% of the subscribed capital to request additional agenda items for the Annual General Meeting. Recent stock performance has been positively influenced by strong 2024 and earnings, with group rising 7.7% to €2.0 billion in the first nine months of and reaching €16.29. This financial strength contributed to shareholders' equity growing to €12 billion as of September 30, , from €11.8 billion at the end of 2024, alongside a per share increase to €99.51.

Leadership

Hannover Re's leadership is structured around a two-tier board system, consisting of the Executive Board responsible for the company's operational management and the tasked with oversight, strategic guidance, and ensuring compliance with standards. This framework aligns with the German Stock Corporation Act and the German Corporate Governance Code, promoting sustainable value creation and stakeholder trust. The Executive Board, led by Chairman and CEO Clemens Jungsthöfel since April 1, 2025, comprises seven members who steer day-to-day operations across segments. Jungsthöfel succeeded Jean-Jacques Henchoz following a planned transition announced in late 2024, with Henchoz departing on March 31, 2025, to ensure continuity in leadership amid ongoing strategic initiatives. The other members include Sven Althoff (Property & Casualty ), Claude Chèvre (Life & Health ), Christian Hermelingmeier (), Brona Magee ( and global markets), Sharon Ooi (Asia and alternative ), Silke Sehm ( and Group Services), and Thorsten Steinmann (Property & Casualty, with focus on agricultural risks). The provides independent monitoring of the Executive Board, approves major decisions, and appoints board members, with its composition influenced by the majority shareholder Talanx AG in electing representatives. Torsten Leue has served as Chairman since 2019, bringing expertise from his roles as CEO of Talanx AG and HDI Haftpflichtverband der Deutschen Industrie V.a.G. The board emphasizes diversity in its selection processes, guided by Hannover Re's Diversity Concept outlined in its annual reports, which targets balanced representation across gender, age, and professional backgrounds to enhance decision-making.

Organizational Structure

Business Segments

Hannover Re operates primarily through two core business segments: Property & Casualty (P&C) reinsurance and Life & Health (L&H) , which together account for the majority of its operations. The P&C segment constitutes approximately 70% of the company's total gross revenue, while the L&H segment makes up around 30%, based on figures for the first nine months of 2025. These segments provide diversified solutions to primary insurers worldwide, focusing on risk transfer and capital . The Property & Casualty segment offers a range of reinsurance products, including reinsurance, facultative reinsurance for individual risks, and structured solutions such as catastrophe bonds and insurance-linked securities. In the first nine months of 2025, this segment generated gross reinsurance revenue of €13,932 million, representing a slight increase of 0.3% year-over-year (2.2% adjusted for foreign exchange effects). Large loss expenditures totaled €1,177 million, comfortably within the budgeted €1,636 million, primarily driven by natural catastrophes like wildfires and storms. The segment achieved a of 86.0%, reflecting improved discipline and pricing, which marks an enhancement from prior periods and supports an operating profit of €1,868 million, up 7.6%. Additionally, the German business conducted through E+S Rück, integrated within this segment, specializes in industrial and specialty risks, contributing to overall portfolio diversification. The Life & Health segment provides reinsurance protection against mortality, morbidity, and risks, along with primary financing solutions and partnerships for retail products to support insurer growth. For the first nine months of 2025, gross revenue in this segment reached €5,779 million, up 0.3% year-over-year (2.2% foreign exchange adjusted), with new business contractual service margin (net) rising 67.2% to €373 million, driven by and financial solutions. Despite a 9.9% decline in operating profit to €645 million, the service result improved to €671 million, aligning with strategic targets exceeding €875 million for the full year. This segment emphasizes value-accretive growth through selective and .

Subsidiaries

The Hannover Re Group operates through a network of more than 170 subsidiaries, branches, and representative offices worldwide, enabling it to provide tailored solutions across diverse markets. Among its key subsidiaries, E+S Rückversicherung AG specializes in German industrial , handling the group's property and casualty business in as the second-largest provider in that market. This entity supports the property and casualty segment by focusing on specialized industrial risks. In , Hannover Reinsurance Group (Pty) Ltd. functions as the for the group's regional operations, overseeing non-life and life activities. Regional subsidiaries further enhance operational efficiency. Hannover Re (Ireland) Designated Activity Company manages European underwriting and risk transfer, ensuring compliance with EU regulations. In the Americas, Hannover Life Reassurance Company of America delivers customized life and health reinsurance solutions for the U.S. market. These entities play critical roles in localized risk assessment, regulatory adherence, and client-specific product development. All subsidiaries integrate closely with Hannover Rück SE, the parent company, to align on group-wide risk strategies, capital management, and sustainability goals, leveraging shared expertise for cohesive .

Global Operations

Headquarters and Locations

Hannover Re's headquarters is located at Karl-Wiechert-Allee 50, 30625 Hannover, , serving as the central hub for administrative functions, strategic , and overall group coordination. This facility houses the main operations for both & casualty and life & reinsurance, enabling efficient oversight of global activities while maintaining proximity to key European regulatory bodies and clients. In , Hannover Re maintains significant presences in , , and to facilitate regional administration and close client interactions. The office at 20 Gracechurch Street, EC3V 0BG, acts as the hub, supporting property & casualty and life & health business with tailored solutions for the British market. In , the branch at 28 Avenue , F-75116, combines both business lines and has operated since , providing administrative support and direct access to French insurers. The location, through subsidiaries like HR GLL GmbH & Co. KG, handles specialized administrative tasks and enhances client proximity in . For the Americas, primary hubs are in Denver, United States, and Toronto, Canada, focusing on regional oversight and client servicing. The Denver office supports life reinsurance operations, offering administrative expertise and proximity to major U.S. clients in the Rocky Mountain region. In Toronto, the Canadian branch at 220 Bay Street manages property & casualty and life & health activities, ensuring localized administration and efficient client engagement across North America. Beyond these regions, Hannover Re operates key facilities in , , and , , to support Asia-Pacific administration and maintain strong client relationships. The office at DLX Building 6F, 1-13-1 Nishi-Shimbashi, Minato-ku, provides comprehensive services for both business segments since its establishment in 1991. In , the office at Tower 1, Level 33, 100 Avenue, NSW 2000, serves as the Australian hub, handling administrative duties and offering direct proximity to local reinsurers. These locations contribute to Hannover Re's broader global footprint, which spans over 20 countries with 27 offices worldwide.

International Network

Hannover Re maintains a robust international network with key offices strategically positioned across multiple continents to support its global operations. In , the company operates from in Côte d'Ivoire and in , facilitating tailored risk management for regional clients. is covered through offices in (), (), and (), enabling deep engagement with high-growth markets. In , the office handles property and casualty as well as life and health . Within , beyond its Hannover headquarters, Hannover Re has presences in Zurich () and (), enhancing proximity to major European insurers and regulatory hubs. The company's emphasizes localized teams of experts who conduct specialized assessments, particularly in emerging markets, to address unique regional challenges such as natural catastrophes and economic volatility. These teams leverage on-the-ground knowledge to develop customized solutions, fostering strong client relationships and ensuring compliance with diverse local conditions. This approach supports Hannover Re's goal of profitable growth by integrating global standards with regional insights, allowing for efficient expansion into underserved areas. With approximately 3,900 employees across its international locations on five continents, Hannover Re's plays a critical role in and managing global premiums, which exceeded €26 billion in gross revenue in 2024. These professionals, distributed among the 27 worldwide offices, contribute to the company's ability to handle complex, cross-border risks while driving . Hannover Re adapts its operations to key regional regulations to maintain solvency and competitiveness. In , it adheres to standards, achieving a of 261% as of mid-2025, which underscores its robust risk-bearing capacity. In the United States, the company operates under frameworks as a certified reciprocal jurisdiction reinsurer in 51 , minimizing collateral requirements and streamlining cross-border transactions. These adaptations enable seamless integration into local markets while upholding global best practices. In 2025, Hannover Re pursued expansions and portfolio adjustments aligned with its treaty renewals, where traditional and casualty premiums grew by 7.6% to €11 billion, reflecting disciplined risk selection amid moderating rate declines of 2.1%. This growth initiative bolstered the company's international footprint, particularly in high-demand regions, by increasing capacity for structured solutions and enhancing market share in emerging economies.

Sustainability and Social Responsibility

Corporate Sustainability

Hannover Re integrates environmental, social, and governance (ESG) factors into its core processes to manage emerging risks effectively. This includes advanced modeling to evaluate the impacts of on catastrophe events, such as increased frequency and severity of , enabling more resilient solutions for clients. By incorporating these models, the company assesses physical and transition risks, supporting ethical risk selection that avoids high-carbon exposures like thermal , with a full phase-out targeted by 2038 in its property and casualty portfolio. The company's sustainability targets emphasize long-term decarbonization and innovation. Hannover Re aims for net-zero emissions across business operations by 2030 and in its reinsurance portfolio and investments by 2050, with interim goals such as a 30% reduction in carbon intensity for corporate bonds and covered bonds. To advance these objectives, it develops green reinsurance products, including coverage for renewable energy projects and resilience-building solutions against climate-enhanced hazards, particularly in emerging markets to close protection gaps. In 2025, Hannover Re strengthened its sustainability reporting in alignment with the European Sustainability Reporting Standards (ESRS), providing enhanced disclosures on biodiversity impacts—such as ecosystem degradation from natural catastrophes—and social factors integrated into reinsurance renewals. This update reflects the company's commitment to transparent ESG performance, evidenced by its "Low Risk" ESG Risk Rating from Morningstar Sustainalytics in June 2025, scoring 16.3 out of 100 for material financial risks. Beyond underwriting, Hannover Re's corporate responsibility programs focus on internal and investment practices. It promotes in leadership roles to build a skilled, inclusive , as outlined in its 2024-2026 Group Strategy. investment policies exclude issuers involved in ESG violations, such as environmental harm or abuses, while prioritizing allocations to climate-friendly technologies; these measures have contributed to operational reductions aligned with net-zero pathways. The Hannover Re Foundation provides complementary support to these ESG efforts through targeted initiatives.

Hannover Re Foundation

The Hannover Re Foundation was established in 1991 to commemorate Hannover Re's 25th anniversary, with an initial capitalization of DEM 1 million aimed at supporting art, culture, and in Hannover. Its founding purpose centered on fostering by acquiring paintings and sculptures for public , particularly benefiting the Sprengel Museum Hannover through targeted sponsorships and acquisitions. The foundation's key activities have long included sponsorship of exhibitions at the Sprengel Museum, promoting innovative artistic expressions that reflect societal themes. In 2022, it broadened its mandate to encompass and education, addressing pressing issues such as and resource scarcity through innovative projects and partnerships. This expansion supports ESG education by funding initiatives that raise awareness among students and communities about sustainable practices. In 2023, the foundation supported the tenth edition of the "Masterclass Students" exhibition series, titled " – ReVisited," featuring works by former students from the University of Art to highlight their development and encourage interdisciplinary dialogue. Funding for the foundation's and projects derives from contributions allocated from Hannover Re's profits, enabling targeted support with tangible impacts, such as artwork acquisitions and environmental initiatives reaching global audiences. Although aligned with Hannover Re's broader corporate objectives of and , the foundation maintains independent operations governed by its own and specialized Boards of Trustees for and .

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  41. https://www.insuranceinsider.com/article/2876fhy9ajjsuvpt6ljsd/hannover-re-becomes-a-european-firm
  42. https://assets.hannover-re.com/asset/533267266226/document_sfr9g71jrl4553q2f64luo7l0l/Information_shareholders_rights_2025.pdf?content-disposition=inline
  43. https://www.reinsurancene.ws/hannover-re-lifts-full-year-25-guidance-to-e2-6bn-as-9m25-combined-ratio-strengthens/
  44. https://www.hannover-re.com/en/investors/corporate-governance/
  45. https://www.hannover-re.com/en/group/executive-board/
  46. https://www.hannover-re.com/en/news/2024/chief-executive-officer-jean-jacques-henchoz-hands-over-to-clemens-jungsthoefel-on-1-april-2025/
  47. https://www.hannover-re.com/en/group/supervisory-board/
  48. https://assets.hannover-re.com/asset/533267266226/document_hs05d7e6it275e774bnlccam3v/2025_QB3_E.pdf
  49. https://assets.hannover-re.com/asset/533267266226/document_ftcfl5esih1bn23gi0iiac4v0j/ConCall_25Q3.pdf
  50. https://www.hannover-re.com/en/local-offices/australia/life-and-health/financial-strength/
  51. https://www.hannover-re.com/en/local-offices/europe/germany/
  52. https://annual-report.hannover-re.com/pdf/annual-report-2024_5248.pdf
  53. https://www.hannover-re.com/en/local-offices/europe/ireland/
  54. https://www.hannover-re.com/en/local-offices/the-americas/usa-orlando/life-and-health/
  55. https://www.hannover-re.com/en/group/
  56. https://www.hannover-re.com/en/imprint/
  57. https://www.hannover-re.com/en/local-offices/europe/united-kingdom/life-and-health/
  58. https://www.hannover-re.com/en/local-offices/europe/france/
  59. https://assets.hannover-re.com/asset/533267266226/document_sag5p8igc9009e44uavu9mho0q/2015_GBKonzern_e.pdf
  60. https://www.hannover-re.com/en/local-offices/the-americas/canada/
  61. https://www.hannover-re.com/en/local-offices/asia/japan/
  62. https://www.hannover-re.com/en/local-offices/australia/
  63. https://www.hannover-re.com/en/career/hannover-re-worldwide/
  64. https://www.hannover-re.com/en/life-and-health/our-local-offices/
  65. https://www.hannover-re.com/en/group/about-hannover-re/strategy/
  66. https://www.hannover-re.com/en/news/2025/hannover-re-increases-half-year-result-and-further-strengthens-balance-sheet-resilience/
  67. https://assets.hannover-re.com/asset/533267266226/document_e64tbocdrt31d4dpr1n5f3rg58/US%2520Collateral%2520Final_2024.pdf?content-disposition=inline
  68. https://www.artemis.bm/news/hannover-re-grows-portfolio-by-7-6-at-successful-jan-renewals/
  69. https://www.hannover-re.com/en/property-and-casualty/emerging-risks-insights/climate-related-disasters/
  70. https://www.hannover-re.com/en/property-and-casualty/about-property-and-casualty/sustainability-in-property-and-casualty/
  71. https://www.hannover-re.com/en/news/2021/hannover-re-commits-to-net-zero-targets-in-reinsurance-investments-and-business-operations/
  72. https://www.hannover-re.com/en/group/sustainability/
  73. https://www.hannover-re.com/en/group/sustainability/esg-ratings/
  74. https://www.hannover-re.com/en/group/sustainability/strategy-and-governance/
  75. https://www.unepfi.org/wordpress/wp-content/uploads/2023/11/Hannover-Rueck-SE_2021_disclosure.pdf
  76. https://foundation.hannover-re.com/en/art
  77. https://www.unepfi.org/wordpress/wp-content/uploads/2023/11/Hannover-Rueck-SE_2022_disclosure.pdf
  78. https://foundation.hannover-re.com/en/art-revisited-2023
  79. https://foundation.hannover-re.com/en/about-us
  80. https://www.hannover-re.com/en/group/sustainability/social-commitment/
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