Hannover Rück SE

XTRA:HNR1 Stock Report

Market Cap: €34.2b

Hannover Rück Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Clemens Jungsthofel

Chief executive officer

€1.4m

Total compensation

CEO salary percentage41.3%
CEO tenure4.7yrs
CEO ownershipn/a
Management average tenure4.7yrs
Board average tenure6yrs

Recent management updates

Recent updates

Hannover Rück's (ETR:HNR1) Upcoming Dividend Will Be Larger Than Last Year's

Apr 14
Hannover Rück's (ETR:HNR1) Upcoming Dividend Will Be Larger Than Last Year's

Hannover Rück's (ETR:HNR1) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 30
Hannover Rück's (ETR:HNR1) Shareholders Will Receive A Bigger Dividend Than Last Year

Hannover Rück (ETR:HNR1) Will Pay A Larger Dividend Than Last Year At €9.00

Mar 16
Hannover Rück (ETR:HNR1) Will Pay A Larger Dividend Than Last Year At €9.00

Analyst Estimates: Here's What Brokers Think Of Hannover Rück SE (ETR:HNR1) After Its Yearly Report

Mar 15
Analyst Estimates: Here's What Brokers Think Of Hannover Rück SE (ETR:HNR1) After Its Yearly Report

Here's Why We Think Hannover Rück (ETR:HNR1) Might Deserve Your Attention Today

Jan 15
Here's Why We Think Hannover Rück (ETR:HNR1) Might Deserve Your Attention Today

Why Investors Shouldn't Be Surprised By Hannover Rück SE's (ETR:HNR1) Low P/E

Dec 04
Why Investors Shouldn't Be Surprised By Hannover Rück SE's (ETR:HNR1) Low P/E
author-image

Navigating Favorable Market Conditions And Transformative Reinsurance Growth Strategies

Nov 24 Favorable P&C market and improved combined ratio boost profitability prospects, enhancing revenue, margins, and earnings.

With EPS Growth And More, Hannover Rück (ETR:HNR1) Makes An Interesting Case

Oct 16
With EPS Growth And More, Hannover Rück (ETR:HNR1) Makes An Interesting Case

Risks To Shareholder Returns Are Elevated At These Prices For Hannover Rück SE (ETR:HNR1)

Sep 04
Risks To Shareholder Returns Are Elevated At These Prices For Hannover Rück SE (ETR:HNR1)

Is Now The Time To Put Hannover Rück (ETR:HNR1) On Your Watchlist?

Jul 11
Is Now The Time To Put Hannover Rück (ETR:HNR1) On Your Watchlist?

It's A Story Of Risk Vs Reward With Hannover Rück SE (ETR:HNR1)

May 24
It's A Story Of Risk Vs Reward With Hannover Rück SE (ETR:HNR1)

CEO Compensation Analysis

How has Clemens Jungsthofel's remuneration changed compared to Hannover Rück's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024€1m€568k

€2b

Sep 30 2024n/an/a

€2b

Jun 30 2024n/an/a

€2b

Mar 31 2024n/an/a

€2b

Dec 31 2023€1m€480k

€2b

Sep 30 2023n/an/a

€1b

Jun 30 2023n/an/a

€926m

Mar 31 2023n/an/a

€837m

Dec 31 2022€951k€430k

€781m

Sep 30 2022n/an/a

€1b

Jun 30 2022n/an/a

€1b

Mar 31 2022n/an/a

€1b

Dec 31 2021€837k€400k

€1b

Sep 30 2021n/an/a

€1b

Jun 30 2021n/an/a

€1b

Mar 31 2021n/an/a

€888m

Dec 31 2020€475k€107k

€883m

Compensation vs Market: Clemens's total compensation ($USD1.56M) is below average for companies of similar size in the German market ($USD5.27M).

Compensation vs Earnings: Clemens's compensation has increased by more than 20% in the past year.

CEO

Clemens Jungsthofel (54 yo)

4.7yrs

Tenure

€1,375,600

Compensation

Mr. Clemens Jungsthofel is Member of the Management Board of Talanx AG from April 2025. He is a Director at Hannover Re (Ireland) Designated Activity Company. He served as Chief Financial Officer and Membe...

Leadership Team

NamePositionTenureCompensationOwnership
Clemens Jungsthofel
CEO & Chairman of the Executive Board4.7yrs€1.38mno data
Claude Chèvre
Member of the Executive Board13.5yrs€1.73mno data
Sven Althoff
Member of the Executive Board10.8yrs€1.72mno data
Silke Sehm
Member of Executive Board6.2yrs€1.69mno data
Sharon Ooi
Member of Executive Board2.3yrs€1.36mno data
Thorsten Steinmann
Member of the Executive Boardless than a year€409.80kno data
Christian Hermelingmeier
CFO & Member of Executive Boardless than a yearno datano data
Brona Magee
Member of the Executive Boardless than a yearno datano data
Thomas Fiedler
Managing Director & Chief Compliance Officerno datano datano data
Karl Steinle
Head of Corporate Communications15.5yrsno datano data
Michael Eberhardt
MD & Head of Hannover Re Australian Branchno datano datano data
Andreas Markert
Chief Risk Officer & Managing Director of Group Risk Managementno datano datano data

4.7yrs

Average Tenure

54yo

Average Age

Experienced Management: HNR1's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Herbert Haas
Deputy Chairman of the Supervisory Board23yrs€162.50kno data
Torsten Leue
Chairman of Supervisory Board7yrs€362.50kno data
Ursula Lipowsky
Independent Member of the Supervisory Board7yrs€134.00kno data
Michael Ollmann
Independent Member of Supervisory Board6yrs€90.80kno data
Ilka Hundeshagen
Employee Representative Member of Supervisory Board6yrs€86.90kno data
Alena Kouba
Independent Member of Supervisory Board1yr€52.90kno data
Harald Kayser
Independent Member of Supervisory Board1yr€52.90kno data
Sibylle Kempff
Employee Representative Member of Supervisory Board1yr€52.90kno data
Timo Kaufmann
Employee Representative Member of Supervisory Board1yr€52.90kno data

6.0yrs

Average Tenure

58yo

Average Age

Experienced Board: HNR1's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/05 10:14
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hannover Rück SE is covered by 49 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Markus MayerBaader Helvea Equity Research
Andrew BroadfieldBarclays
Ivan BokhmatBarclays