20.03.2017 Hannover Rück SE  DE0008402215

DGAP-News: Hannover Rück SE: Hannover Re acquires Lloyd's syndicate


 
DGAP-News: Hannover Rück SE / Key word(s): Takeover Hannover Rück SE: Hannover Re acquires Lloyd's syndicate 20.03.2017 / 14:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Press Release Hannover Re acquires Lloyd's syndicate Hannover, 20 March 2017: Hannover Re has reached an agreement to acquire the UK holding company Argenta Holdings plc ("Argenta"), which owns the companies Argenta Syndicate Management and Argenta Private Capital as well as a pro rata share of the Lloyd's syndicate Argenta Syndicate 2121. The parties have agreed to maintain confidentiality regarding the purchase price. "For some time now we have been interested in a Lloyd's syndicate with a view to gaining additional access to international and London Market business. We are delighted to have found an ideal partner in Argenta", Ulrich Wallin, Chief Executive Officer of Hannover Re, stated. The syndicate focuses on short-tail property business and specialty lines. Thanks to the diversified book of business written by the syndicate, the profit contributions made by the service companies and the expertise of the seasoned team of staff, Argenta has generated good results in recent years. It is therefore in Hannover Re's interest that the experienced team, under Argenta CEO Andrew Annandale, continues to pursue its successful strategy. Alasdair Locke, Chairman of Argenta commented, "We are delighted to have reached agreement to become part of such a strong and well-respected reinsurance group. Hannover Re has been a valued business partner of Syndicate 2121 for many years, both as a reinsurer and capital provider and we believe that this transaction is in the best interests of Argenta, its customers and its staff." In the 2016 financial year Syndicate 2121 booked gross premium of GBP 280 million. Hannover Re intends to support Argenta on its envisaged growth trajectory. The transaction is expected to close in the third quarter subject to all necessary approvals. Contact Corporate Communications: Karl Steinle tel. +49 511 5604-1500 [email protected] Media Relations: Janine Bernkurth tel. +49 511 5604-1931 [email protected] Investor Relations: Julia Hartmann tel. +49 511 5604-1529 [email protected] www.hannover-re.com Hannover Re, with gross premium of EUR 16.4 billion, is the third-largest reinsurer in the world. It transacts all lines of property & casualty and life & health reinsurance and is present on all continents with around 2,900 staff. Established in 1966, the Hannover Re Group today has a network of more than 100 subsidiaries, branches and representative offices worldwide. The Group's German business is written by the subsidiary E+S Rück. The rating agencies most relevant to the insurance industry have awarded both Hannover Re and E+S Rück very strong insurer financial strength ratings: Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior". Please note the disclaimer: https://www.hannover-re.com/535917 --------------------------------------------------------------------------- 20.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Hannover Rück SE Karl-Wiechert-Allee 50 30625 Hannover Germany Phone: +49-(0)511-5604-1500 Fax: +49-(0)511-5604-1648 E-mail: [email protected] Internet: www.hannover-re.com ISIN: DE0008402215 WKN: 840 221 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Luxemburg End of News DGAP News Service --------------------------------------------------------------------------- 555633 20.03.2017


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 17.790,51 19.176,36 22.597,64 24.770,34 27.762,31 33.275,53 24.456,50
EBITDA1,2 1.435,30 1.691,71 1.933,83 1.379,18 1.885,49 2.281,58 2.127,00
EBITDA-Marge3 8,07 8,82 8,56 5,57 6,79 6,86
EBIT1,4 1.364,36 1.596,65 1.853,18 1.214,08 1.734,83 2.087,45 1.971,20
EBIT-Marge5 7,67 8,33 8,20 4,90 6,25 6,27 8,06
Jahresüberschuss1 1.044,58 1.145,53 1.373,37 883,07 1.300,22 1.542,74 1.827,60
Netto-Marge6 5,87 5,97 6,08 3,57 4,68 4,64 7,47
Cashflow1,7 1.693,85 2.224,57 2.509,21 3.231,03 4.940,46 5.164,36 5.785,50
Ergebnis je Aktie8 7,95 8,70 10,65 7,32 10,21 11,66 15,13
Dividende8 5,00 5,25 5,50 4,50 5,75 6,00 5,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Hannover Rück
WKN Kurs in € Einschätzung Börsenwert in Mio. €
840221 253,700 Kaufen 30.595,49
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,75 14,31 0,96 23,34
KBV KCV KUV EV/EBITDA
3,30 5,29 1,25 14,38
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
6,00 7,20 2,84 06.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
14.05.2024 12.08.2024 11.11.2024 18.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
8,81% 19,10% 17,29% 43,41%
    
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Versicherungen , 840221 , HNR1 , XETR:HNR1