Hannover Rueck SE (LTS:0M9A)
€ 252.1 0.1 (0.04%) Market Cap: 30.39 Bil Enterprise Value: 34.21 Bil PE Ratio: 13.17 PB Ratio: 2.66 GF Score: 68/100
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Q2 2023 Hannover Rueck SE Earnings Call Transcript

Aug 09, 2023 / 07:30AM GMT
Release Date Price: €194.03 (+1.08%)
Claude Jacques ChÃ;vre
Hannover Rück SE - Member of the Executive Board

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Thank you, and good morning, everyone. Welcome to our earnings call on our results for the first half of 2023. I as one of our peers have also sketched their analyst call for this morning, we are starting a bit earlier than you saw today to avoid a conflict for all the analysts covering those companies. The speakers for today's call are Jean-Jacques, our CEO and Clemens Jungsthofel, the CFO of Hannover Re. For the Q&A session, we will additionally be joined by Claude Chèvre, Klaus Miller and Sven Althoff.

With that, I would like to ask Jean-Jacques to kick things off.

Jean;Jacques Henchoz
Hannover Rück SE - CEO & Chairman of the Executive Board

Well, thank you very much, Claude. Good morning on my side, and thank you for joining our call today. I'm very pleased to present a successful first half year performance. Today, the group net income of EUR 960 million and the return on equity of 21% reflects a healthy profit level across our

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