Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hannover Rueck SE's retained earnings for the quarter that ended in Mar. 2026 was $15,513 Mil.
Hannover Rueck SE's quarterly retained earnings
increased
from Sep. 2025 ($14,115 Mil) to Dec. 2025 ($14,872 Mil) and
increased
from Dec. 2025 ($14,872 Mil) to Mar. 2026 ($15,513 Mil).
Hannover Rueck SE's annual retained earnings
increased
from Dec. 2023 ($9,950 Mil) to Dec. 2024 ($11,094 Mil) and
increased
from Dec. 2024 ($11,094 Mil) to Dec. 2025 ($14,872 Mil).
Hannover Rueck SE (OTCPK:HVRRF) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Hannover Rueck SE Retained Earnings Historical Data
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The historical data trend for Hannover Rueck SE's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $15,513 Mil mean?
Hannover Rueck SE (HVRRF) has a Retained Earnings of $15,513 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hannover Rueck SE and its competitors.
Is Hannover Rueck SE's Retained Earnings too high?
Hannover Rueck SE's current Retained Earnings is $15,513 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 Retained Earnings compare to RGA and EG?
Hannover Rueck SE's Retained Earnings of $15,513 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 Retained Earnings for an Insurance company?
A good Retained Earnings depends on the Insurance industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hannover Rueck SE and its competitors. Hannover Rueck SE's current Retained Earnings is $15,513 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 $348.24, compared to a current price of $274.90 — trading 21.1% below its estimated fair value. The current Retained Earnings is $15,513 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Hannover Rueck SE (HVRRF), the current Retained Earnings is $15,513 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 21.1% below its estimated GF Value™ of $348.24.
GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.
Key valuation signals for HVRRF:
Retained Earnings: $15,513 Mil
GF Value™: $348.24 vs. price of $274.90 (21.1% below fair value)
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 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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