The latest results from Hannover Re, as they raise earnings guidance for 2025 after very good business performance;
- Group net income up by +7.7% to EUR 2.0 billion
- Reinsurance revenue (gross) adjusted for exchange rate effects and without a base effect from the previous year grows by around 7%
- Large losses in property and casualty reinsurance comfortably within budgeted
expectation - Life and health reinsurance continues to develop in line with expectations
- Return on investment of 2.8% due to active realisation of losses
- Return on equity clearly above strategic target at 22.0%
- Earnings guidance for full-year 2025 raised to around EUR 2.6 billion
- Guidance 2026: Group net income of at least EUR 2.7 billion anticipated
Hannover, 10 November 2025: Hannover Re generated a very good Group profit in the first nine months and is revising its full-year guidance. Among other things, the company is raising its projected Group net income to around EUR 2.6 billion. Group net income for the 2026 financial year is expected to reach at least EUR 2.7 billion.
“We generated a very good Group profit in the first nine months. Both business groups as well as the investments and our lean operating model contributed to this,” said Clemens Jungsthöfel, Chief Executive Officer of Hannover Re. “In view of this favourable business performance we are raising our earnings guidance for the current year.”
You can digest the full details on performance here.

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