Hannover Rueck SE Registered Shares
HNR1: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| V<G | LOCK|CM< | LOCK|N^k$&K |
Hannover Re: Price Declines Mark January Renewals
In January, Hannover Re renewed over half of its traditional reinsurance premiums up for renegotiation this year, as well as a little over a third of its total property and casualty premium contracts up for renewal. However, we believe the key takeaway is the risk-adjusted decline in prices.
