Hannover Rueck SE (WBO:HNR1) Tax Rate % : 9.46% (As of Sep. 2024)

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What is Hannover Rueck SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hannover Rueck SE's Tax Expense for the three months ended in Sep. 2024 was €72 Mil. Hannover Rueck SE's Pre-Tax Income for the three months ended in Sep. 2024 was €765 Mil. Therefore, Hannover Rueck SE's Tax Rate % for the quarter that ended in Sep. 2024 was 9.46%.

Hannover Rueck SE Tax Rate % Historical Data

The historical data trend for Hannover Rueck SE's Tax Rate % 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 Tax Rate % Chart

Hannover Rueck SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.24

18.25

21.28

36.93

1.42

Hannover Rueck SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															4.28	-268.66	27.17	28.26	9.46

Hannover Rueck SE Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Hannover Rueck SE's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	26.4	/	1854
	=	1.42 %

Hannover Rueck SE's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	72.4	/	765.4
	=	9.46 %

Hannover Rueck SE Tax Rate % Related Terms

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Hannover Rueck SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (WBO:HNR1) » Definitions » Tax Rate %

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Traded in Other Exchanges

HVRRY:USA HNR1d:UK 0M9A:UK HNR1:Germany

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, 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.

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