Hannover Re Boosts 2025 Earnings Forecast Amid Strong Performance

Hannover Re announced an increase in its 2025 earnings forecast following impressive nine-month results. Group net income jumped by 7.7% to EUR 2.0 billion, prompting the company to raise its full-year prediction to around EUR 2.6 billion. Success was found in both property and casualty, as well as life and health reinsurance sectors.

Gross reinsurance revenue remained stable at EUR 19.7 billion. The return on equity soared to 22.0%, surpassing strategic targets. The property and casualty segment experienced fewer than expected large losses, while life and health reinsurance continued in line with expectations.

Despite a slight contraction in the investment portfolio to EUR 64.6 billion, Hannover Re achieved a 2.8% return on investment. The company plans for at least EUR 2.7 billion in group net income for 2026, subject to stable market conditions.