Probable development of the Group

Life/Health Reinsurance

In Life/Health Reinsurance we have set ourselves an annual growth target of 10% to 12% for gross premium income. Along with our organic growth we anticipate further portfolio acquisitions in mature insurance markets. We are targeting an EBIT margin of at least 6%. For Hannover Life Re, the evolution of its tried and tested “Five Pillar” model continues to shape the development of business; new markets will remain the principal engines of growth over the coming two to three years. We also see good potential in the bancassurance sector, especially in emerging markets. Our expansionary efforts are concentrated on the United States, Arab countries and the key emerging markets of Asia and Latin America.