Hannover Rück SE
Industry Group: Insurance
Country/Region: Germany
Identifier: ETR:HNR1
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 51 out of 299
Universe
Global Universe 2799 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Swiss Re AG |
13.4
Low
|
10 out of 299 |
Münchener Rückversicherungs-Gesellschaft AG |
14.7
Low
|
23 out of 299 |
Hannover Rück SE |
17.3
Low
|
51 out of 299 |
Reinsurance Group of America, Inc. |
18.9
Low
|
70 out of 299 |
RenaissanceRe Holdings Ltd. |
22.5
Medium
|
126 out of 299 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Hannover Rück SE's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Hannover Rück SE's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Hannover Rück SE
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Hannover Rück SE's ESG Risk Rating in the last three years
Highest Controversy Level