Hannover Rück SE reports strong Q4 2024 earnings

Hannover Rück SE held its Q4 2024 earnings call on March 13, 2025. Company representatives included CEO Jean-Jacques Henchoz and CFO Clemens Jungsthöfel. Henchoz expressed satisfaction with the company's financial performance for 2024. Hannover Rück reported a net income of over EUR 2.3 billion, exceeding its target of EUR 2.1 billion. The increase was due to strong investment returns and better-than-expected results in its reinsurance services. Hannover Rück announced plans to raise its ordinary dividend to EUR 7 per share, along with a special dividend of EUR 2. This brings the total dividend to EUR 9 per share, which is a 25% increase from the previous year. In the property and casualty (P&C) sector, the company also highlighted its continued success. Overall, Hannover Rück is maintaining a healthy financial position and aims for ongoing stability in its operations.