Slide 1: Hannover Re's reserves as at 31 Dec 2014
Hannover Re's reserves as at 31 Dec 2014
Slide 2: Data description and information
Data description and information Understanding the data is crucial for interpretation, analysis and results! Statistical gross reported loss triangles based on cedents' original advices (paid and case reserve information) Converted to EUR with exchange rates as at 31 December 2014 Figures in t
Slide 3: Reported claims triangle for HR/E+S
Reported claims triangle for HR/E+S* Total (~2/3 of HR Group reserves shown in 9 individual triangles) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 3,842 29.4
Slide 4: Reported claims triangle: General liability non-proportional
Reported claims triangle* 1 General liability non-proportional (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 718 4.4% 14.2% 21.8% 26.9% 32.7% 35.6% 38
Slide 5: Reported claims triangle: Motor/Accident non-proportional
Reported claims triangle* 2 Motor/Accident non-proportional (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 201 19.4% 39.6% 45.7% 52.1% 53.6% 54.4% 55.5
Slide 6: Reported claims triangle: General liability proportional
Reported claims triangle* 3 General liability proportional (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 300 33.1% 44.2% 47.4% 52.2% 48.5% 51.5% 53.0%
Slide 7: Reported claims triangle: Motor/Accident proportional
Reported claims triangle* 4 Motor/Accident proportional (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 619 75.5% 77.9% 75.9% 76.0% 75.6% 74.9% 73.6% 73
Slide 8: Reported claims triangle: Property proportional
Reported claims triangle* 5 Property proportional (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 712 37.6% 47.4% 50.7% 50.1% 48.9% 48.9% 48.8% 49.2% 49
Slide 9: Reported claims triangle: Property non-proportional
Reported claims triangle* 6 Property non-proportional (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 481 18.5% 21.5% 22.7% 23.8% 24.5% 24.5% 25.0% 25.2
Slide 10: Reported claims triangle: Marine
Reported claims triangle* 7 Marine (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 292 17.0% 30.0% 31.5% 34.4% 38.8% 38.7% 38.5% 38.4% 38.4% 38.2% 38.1%
Slide 11: Reported claims triangle: Aviation
Reported claims triangle* 8 Aviation (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 257 6.0% 18.4% 20.0% 21.3% 21.9% 22.1% 22.6% 22.4% 22.7% 22.6% 21.9
Slide 12: Reported claims triangle: Credit/Surety
Reported claims triangle* 9 Credit/Surety (HR/E+S) Statistical data (as provided by cedents) Booked data IFRS U/W earned Ultimate Paid Case IBNR year premium 12 24 36 48 60 72 84 96 108 120 132 144 loss ratio losses reserves balance 2003 263 27.0% 42.3% 44.4% 44.7% 45.3% 45.2% 45.0% 45.7% 45.5% 45.5