Hannover Rück SE Tangible Net Worth Ratio

Latest as of December 2025: 99.2%

Hannover Rück SE tangible net worth ratio. Hannover Rück SE (HNR1) has a Tangible Net Worth Ratio of 99.2% as of December 2025. This metric is calculated by deducting intangible assets (€118.40 Million) from net assets (€13.93 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check strategic asset allocation of Hannover Rück SE to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

99.2%
Tangible equity / total equity

Net Assets (Equity)

€13.93 Billion
EUR

Intangible Assets

€118.40 Million
Goodwill, patents, brand value

Total Assets

€71.33 Billion
EUR

Tangible Net Worth Ratio of Hannover Rück SE (2013–2025)

Tangible net worth ratio of Hannover Rück SE from 2013 to 2025. This chart shows how Hannover Rück SE's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 99.2%, reflecting net assets of €13.93 Billion with intangible assets of €118.40 Million EUR. See HNR1 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Hannover Rück SE Tangible Net Worth Ratio by Year (2013–2025)

Hannover Rück SE tangible net worth ratio by year from 2013 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Hannover Rück SE from 2013 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Hannover Rück SE.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 99.2% €13.93 Billion €118.40 Million €71.33 Billion ▲ +0.2 pp
2024 99.0% €12.69 Billion €131.80 Million €72.13 Billion ▲ +0.2 pp
2023 98.8% €11.02 Billion €134.70 Million €65.67 Billion ▲ +0.6 pp
2022 98.2% €8.75 Billion €158.01 Million €86.95 Billion ▼ -0.5 pp
2021 98.7% €12.76 Billion €164.19 Million €82.90 Billion ▲ +0.0 pp
2020 98.7% €11.84 Billion €157.50 Million €71.44 Billion ▲ +0.1 pp
2019 98.5% €11.35 Billion €167.91 Million €71.36 Billion ▲ +0.3 pp
2018 98.2% €9.54 Billion €169.01 Million €64.51 Billion ▲ +0.4 pp
2017 97.9% €9.29 Billion €197.00 Million €61.20 Billion ▼ -0.8 pp
2016 98.7% €9.74 Billion €128.68 Million €63.53 Billion ▲ +24.0 pp
2015 74.7% €8.78 Billion €2.22 Billion €63.21 Billion ▼ -0.6 pp
2014 75.3% €8.25 Billion €2.03 Billion €60.46 Billion ▲ +2.6 pp
2013 72.7% €6.56 Billion €1.79 Billion €53.92 Billion —
pp = percentage points