Hannover Ruck (OTCMKTS:HVRRY) Announces Earnings Results, Beats Expectations By $0.06 EPS

Hannover Ruck (OTCMKTS:HVRRY) released its earnings results on Thursday. The financial services provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06, Zacks reports. Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%.The firm had revenue of $10.39 billion for the quarter, compared to analysts’ expectations of $7.99 billion.

Hannover Ruck Stock Performance

HVRRY traded up $0.21 during trading on Friday, hitting $49.94. The stock had a trading volume of 5,808 shares, compared to its average volume of 19,219. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.14 and a quick ratio of 0.14. The company has a 50 day moving average price of $48.47 and a 200-day moving average price of $49.23. Hannover Ruck has a one year low of $44.67 and a one year high of $55.40. The firm has a market cap of $36.14 billion, a price-to-earnings ratio of 13.14 and a beta of 0.32.

About Hannover Ruck

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.