Hannover Re Achieves EUR 2.6 Billion Net Income Amid Competitive Market

In 2025, Hannover Re reported a Group net income of EUR 2.6 billion, aligning with expectations. Despite a competitive environment, the company achieved a 3.3% growth in premium volume in traditional property and casualty reinsurance renewals as of January 2026. However, an average risk-adjusted price decline of 3.2% was noted. Hannover Re's strong market position and client relationships were crucial in offsetting price reductions.

The company's financial year saw reinsurance revenue rise to EUR 26.8 billion. Operating profit reached EUR 3.5 billion, driven by property and casualty reinsurance, contributing EUR 2.6 billion. The Asia-Pacific region reported a growth of 1.9%, while specialty lines experienced a 5.8% increase.

Looking ahead, Hannover Re confirmed guidance for 2026 with a projected net income of at least EUR 2.7 billion, reflecting a strategic focus on growth and market positioning.