Hannover Rueck SE (HAM:HNR1)
€ 240.9 1.8 (0.75%) Market Cap: 28.77 Bil Enterprise Value: 32.60 Bil PE Ratio: 14.26 PB Ratio: 2.71 GF Score: 57/100

Q2 2023 Hannover Rueck SE Earnings Call Transcript

Aug 09, 2023 / 07:30AM GMT
Release Date Price: €188.75 (-1.97%)
Claude Jacques ChÃ;vre
Hannover Rück SE - Member of the Executive Board

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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

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