Hannover Rück

Hannover Rück reported reinsurance revenue of EUR 6.40 billion for Q2 2026 (+0.4%) and earnings per share of EUR 5.77 (-16.5%), hit by currency effects. The investment result rose by almost 20% in the first half and supports earnings power; the profit forecast of at least EUR 2.7 billion for 2026 was confirmed. The payout policy, with a payout ratio of around 55% and a recently increased annual dividend (EUR 12.50 for 2025), makes the stock attractive to dividend investors. » More on finanzen.net

Hannover Rück subsidiary E+S Rück reports that the German auto insurance market has largely stabilized after price increases in previous years and that technical results are once again slightly positive. Profitability has improved noticeably but remains fragile, as parts and repair costs are rising markedly faster than inflation and are driving loss inflation. E+S Rück warns of an increasingly challenging risk environment from inflation, cyber risks, geopolitical uncertainties and effects from artificial intelligence that cannot yet be quantified. » More on handelsblatt.com

Fitch has raised the outlook for Hannover Rück’s insurer financial-strength rating (IFS) from stable to positive and confirmed the rating at AA-. The agency expects the reinsurer to maintain its very strong capitalization and financial performance even under more challenging market conditions over the next 12 to 24 months. The stock reacted intraday with a slight uptick. » More on finanzen.net