Hannover Rück stock gains 1.72 percent as 2026 target remains EUR 2.70 billion

Published on 10/02/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached EUR 695.30 million in the second quarter of 2026. Hannover Rück stock costs EUR 254.90 on October 2, 2026 versus EUR 250.60.

Editorial-Foto eines Börsenhandelsraums mit Bildschirmen, DAX-Kürzel und Finanzcharts — Hannover Rück SE (DE0008402215) ist im DAX gelistet, illustriert durch eine belebte Handelsraum-Szene mit Kurscharts, Illustration mit AI erstellt.

Hannover Rück (ISIN DE0008402215) was trading at EUR 254.90 at Lang & Schwarz on October 2, 2026 at 1:33 p.m. CEST, up 1.72 percent versus the prior close of EUR 250.60. According to Hannover Re on September 30, 2026, the reinsurer continues to target group net income of at least EUR 2.70 billion for 2026.

Guidance depends on catastrophe losses

The guidance carries a clear condition: major claims expenses should not materially exceed EUR 2.30 billion, while capital markets should avoid major negative developments. That framework makes catastrophe losses the key swing factor for the earnings target rather than the share price move alone.

Hannover Re also sees slightly lower prices in property and casualty renewals for January 2027, with broadly stable terms and conditions. EQS News reported on September 7, 2026 that competitive pressure was increasing, although demand for high-quality reinsurance remained strong.

Second-quarter profit supports target

For the second quarter of 2026, revenue stood at EUR 7.16 billion and net income reached EUR 695.30 million, with diluted earnings per share of EUR 5.77. IT Boltwise reported these figures on September 25, 2026, giving the annual target a recent earnings base.

The market capitalization was EUR 30.7 billion on October 2, 2026. At EUR 254.90, the stock stood 9.35 percent below its EUR 281.20 52-week high, leaving the current quote below the year's upper boundary despite the daily gain.

Analyst target remains above the quote

Finanzen reported on September 8, 2026 that Berenberg maintained a Buy rating and a EUR 330.00 price target. That target lies 29.46 percent above the Lang & Schwarz quote, while the analyst also warned that falling reinsurance prices could continue.

Hannover Rück's next quarterly statement, covering September 30, 2026, is scheduled for November 9, 2026, according to the company's investor-relations calendar. The date gives investors the next formal checkpoint for catastrophe claims, renewal pricing and the EUR 2.70 billion annual target.

Stock trades below its yearly high

Hannover Rück stock was trading at EUR 254.90 at Lang & Schwarz on October 2, 2026 at 1:33 p.m. CEST, up 1.72 percent versus the prior close of EUR 250.60. The primary listing is on Xetra, where the stock is quoted in euros.

The further course of trading is shown by the continuously updated real-time quote of Hannover Rück stock.