HVRRF (Hannover Rueck SE) Intangible Assets: $90 Mil (As of Mar. 2026)

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HVRRF Hannover Rueck SE HVRRF
76 GF Score
Price $274.90
GF Value $350.21
Valuation Modestly Undervalued
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What is Hannover Rueck SE Intangible Assets?

Hannover Rueck SE HVRRF 76 Intangible Assets is $90 Mil as of Mar. 2026. GuruFocus rates HVRRF with a GF Score™ of 76/100 and a GF Value™ of $350.21 (Modestly Undervalued).

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Hannover Rueck SE's intangible assets for the quarter that ended in Mar. 2026 was $90 Mil.

Hannover Rueck SE  (OTCPK:HVRRF) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

Hannover Rueck SE Intangible Assets Related Terms

Hannover Rueck SE Intangible Assets Historical Data

* Premium members only.

The historical data trend for Hannover Rueck SE's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hannover Rueck SE Intangible Assets Chart

Hannover Rueck SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.80 223.52 231.95 221.68 229.86

Hannover Rueck SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.05 90.66 91.20 229.86 90.29
HVRRF
76GF Score
Hannover Rueck SE HVRRF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hannover Rueck SE Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $90 Mil mean?
Hannover Rueck SE (HVRRF) has a Intangible Assets of $90 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Hannover Rueck SE and its competitors.
Is Hannover Rueck SE's Intangible Assets too high?
Hannover Rueck SE's current Intangible Assets is $90 Mil. Overall, Hannover Rueck SE has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hannover Rueck SE's Intangible Assets compare to RGA and EG?
Hannover Rueck SE's Intangible Assets of $90 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for an Insurance company?
A good Intangible Assets depends on the Insurance industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Hannover Rueck SE and its competitors. Hannover Rueck SE's current Intangible Assets is $90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannover Rueck SE stock overvalued right now?
Based on GuruFocus' analysis, Hannover Rueck SE (HVRRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $350.21, compared to a current price of $274.90 — trading 21.5% below its estimated fair value. The current Intangible Assets is $90 Mil. Hannover Rueck SE's overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Hannover Rueck SE (HVRRF), the current Intangible Assets is $90 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hannover Rueck SE (HVRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Hannover Rueck SE stock appears to be undervalued. The current stock price of $274.90 is trading 21.5% below its estimated GF Value™ of $350.21. GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.

Key valuation signals for HVRRF:

  • Intangible Assets: $90 Mil
  • GF Value™: $350.21 vs. price of $274.90 (21.5% below fair value)
  • GF Score™: 76/100

No single metric tells the full story. See the HVRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hannover Rueck SE Business Description

Address Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
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.
76GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$274.90
Price
$350.21
GF Value