Hannover Rueck SE (Hannover Rueck SE) Other Expense : $-2,527 Mil (As of Dec. 2023)

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What is Hannover Rueck SE Other Expense?

Hannover Rueck SE's Other Expense for the three months ended in Dec. 2023 was $-2,970 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2,527 Mil.

Hannover Rueck SE Other Expense Historical Data

The historical data trend for Hannover Rueck SE's Other Expense 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.

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Hannover Rueck SE Other Expense Chart

Hannover Rueck SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Expense

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5,808.02

6,182.58

6,069.74

-3,499.32

-2,852.45

Hannover Rueck SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Expense	Get a 7-Day Free Trial															-3,894.07	4.71	54.93	383.14	-2,969.90

Hannover Rueck SE Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,527 Mil.

Hannover Rueck SE Other Expense Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (OTCPK:HVRRY) » Definitions » Other Expense

Comparable Companies

Traded in Other Exchanges

HNR1d:UK 0M9A:UK HNR1:Germany HNR1:Austria

Address

Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625

Website

https://www.hannover-re.com

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering 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 on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.