Hannover Rueck SE (FRA:HNR1)
€ 251.8 0.4 (0.16%) Market Cap: 30.25 Bil Enterprise Value: 34.07 Bil PE Ratio: 15.15 PB Ratio: 2.88 GF Score: 63/100

Q2 2023 Hannover Rueck SE Earnings Call Transcript

Aug 09, 2023 / 07:30AM GMT
Release Date Price: €193.5 (+0.03%)
Claude Jacques ChÃ;vre
Hannover Rück SE - Member of the Executive Board

¨ -

Thank you, and good morning, everyone. Welcome to our earnings call on our results for the first half of 2023. I as one of our peers have also sketched their analyst call for this morning, we are starting a bit earlier than you saw today to avoid a conflict for all the analysts covering those companies. The speakers for today's call are Jean-Jacques, our CEO and Clemens Jungsthofel, the CFO of Hannover Re. For the Q&A session, we will additionally be joined by Claude Chèvre, Klaus Miller and Sven Althoff.

With that, I would like to ask Jean-Jacques to kick things off.

Jean;Jacques Henchoz
Hannover Rück SE - CEO & Chairman of the Executive Board

Well, thank you very much, Claude. Good morning on my side, and thank you for joining our call today. I'm very pleased to present a successful first half year performance. Today, the group net income of EUR 960 million and the return on equity of 21% reflects a healthy profit level across our

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot