| HVRRF Stock | | | USD 263.05 6.86 2.54% |
Chairman
Mr. JeanJacques Henchoz was appointed Chairman of the Management Board and Chief Executive Officer of Hannover Rueck SE on May 8, 2019. Previously he was managing life and nonlife insurance of EMEA Region at Swiss Reinsurance Company, Zuerich . Since January 2012 he was Member of Executive Committee at the Swiss Re Group. He was active at Swiss RE Group since 1998 and held various positions. From 2005 to 2010 he was CEO of Swiss Re Canada since 2019.
| Age | 59 |
| Tenure | 5 years |
| Professional Marks | MBA |
| Phone | 49 511 5604 0 |
| Web | https://www.hannover-re.com |
JeanJacques Henchoz graduated with Bachelor of Arts in Political Science and with MBA at International Institute for Management Development, Lausanne.
Hannover Rck Management Efficiency
The company has return on total asset
(ROA) of
0.0148 % which means that it generated a profit of $0.0148 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.128 %, meaning that it generated $0.128 on every $100 dollars invested by stockholders. Hannover Rck's management efficiency ratios could be used to measure how well Hannover Rck manages its routine affairs as well as how well it operates its assets and liabilities.
Hannover Rck SE has accumulated 4.26
B in total debt with debt to equity ratio
(D/E) of 0.46, which is about average as compared to similar companies. Hannover Rck SE has a current ratio of 2.18, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Hannover Rck until it has trouble settling it off, either with new capital or with free cash flow. So, Hannover Rck's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hannover Rck SE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hannover to invest in growth at high rates of return. When we think about Hannover Rck's use of debt, we should always consider it together with cash and equity.
Similar Executives
Hannover Rck SE, together with its subsidiaries, provides reinsurance products and services worldwide. The company was founded in 1966 and is headquartered in Hanover, Germany. Hannover Ruckvrschng operates under InsuranceReinsurance classification in the United States and is traded on OTC Exchange. It employs 3435 people. Hannover Rck SE [HVRRF] is a
Pink Sheet which is traded through a dealer network over-the-counter (OTC).
Management Performance
Hannover Rck SE Leadership Team
Elected by the shareholders, the Hannover Rck's board of directors comprises two types of representatives: Hannover Rck inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hannover. The board's role is to monitor Hannover Rck's management team and ensure that shareholders' interests are well served. Hannover Rck's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hannover Rck's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Clemens Jungsthofel, CFO Board | |
| Sven Althoff, Member of the Executive Board | |
| Michael Pickel, Member of the Executive Board | |
| Klaus Miller, Member of the Executive Board | |
| Karl Steinle, General Manager Corporate Communications | |
| Julia Hartmann, Senior Investor Relations Manager | |
| JeanJacques Henchoz, Chairman of the Management Board, CEO | |
| Silke Sehm, Member of the Executive Board | |
| Michael Eberhardt, Managing Branch | |
| Claude Chvre, Member Board | |
Hannover Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Hannover Rck a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Hannover Pink Sheet
Hannover Rck financial ratios help investors to determine whether Hannover Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hannover with respect to the benefits of owning Hannover Rck security.