Hannover Rück SE
Hannover Rück SE (SIX: HNR1) is trading at CHF 246.00, about ₹28,452 at today's CHF/INR rate, as of 8 Sep 2026, 1:56 AM ET, up 2.41% today. Indian residents can buy Hannover Rück from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CHF 246.00
Today's high
CHF 246.00
52 week low
CHF 219.00
52 week high
CHF 254.60
HNR1 opened at CHF 246.00, closed previously at CHF 240.20, and has traded between CHF 219.00 and CHF 254.60 over the past 52 weeks.
About
Operating globally through its subsidiaries, Hannover Rück SE is a premier provider of diverse reinsurance solutions. Its operations are primarily segmented into Property & Casualty (P&C) Reinsurance and Life & Health (L&H) Reinsurance. Within the P&C segment, the company offers a comprehensive suite of products, including coverage for general property and casualty risks, facultative placements, catastrophe excess-of-loss, structured reinsurance, and insurance-linked securities. It further specializes in risk solutions for specific sectors such as agriculture (encompassing livestock and bloodstock), aviation and space, and marine and offshore energy, alongside covering credit, surety, and political risks. For the L&H segment, Hannover Rück provides a range of products like group and individual credit life, enhanced annuity programs, group life and health coverage, and Takaful reinsurance offerings. It also develops risk solutions addressing critical illness, disability, general health, longevity, long-term care, mortality, and morbidity. Beyond traditional reinsurance, the company delivers various financial solutions, such as financing for new business ventures, monetizing embedded value, providing relief for reserves and solvency requirements, and facilitating the divestiture of non-core assets. Established in 1966 and headquartered in Hanover, Germany, the company adopted its current name, Hannover Rück SE, in March 2013, having previously operated as Hannover Rückversicherung AG. It operates as a subsidiary of Talanx AG.
Key statistics
Avg. volume
24.79K
Market cap
CHF 29.66B
P/E Ratio
3.41
Price-to-sales ratio
0.37
Enterprise value
€34.16B
Free cash flow yield
15.19%
Debt-to-equity ratio
0.31
Return on equity
69.73%
ROIC
1.90%
Beta
0.13
Dividend yield
4.85%
Last dividend
CHF 11.65
Financial overview
Revenue
€28.81B
Earnings per share
€21.89
Free cash flow
€5.69B
Net profit margin
10.67%
Gross margin
94.03%
EBITDA
€3.55B
Revenue growth
0.28%
How to buy Hannover Rück from India
Indian residents can buy Hannover Rück shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CHF.
Search for Hannover Rück and place an order
Find Hannover Rück by name or by its ticker, HNR1, and choose an order type. Hannover Rück trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Hannover Rück position in CHF and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Hannover Rück from India
Trading and taxes when buying Hannover Rück from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Hannover Rück’s current yield is 4.85%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Hannover Rück stock?
Yes. Hannover Rück (HNR1) has been listed on the SIX Swiss Exchange since 2014, in the Insurance - Reinsurance industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CHF. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Hannover Rück share cost in rupees?
One Hannover Rück share is CHF 246.00 — about ₹28,452 at a CHF/INR rate of 115.66 on 26 Sep 2026. Both the Hannover Rück price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Hannover Rück from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Hannover Rück shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CHF/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hannover Rück price. Paasa issues a capital-gains statement for your return.
Does Hannover Rück pay a dividend, and how is it taxed in India?
Yes. Hannover Rück pays a dividend and the current yield is 4.85%; the last declared dividend was CHF 11.65 per share, about ₹1,347.58. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Hannover Rück from India?
The SIX Swiss Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Switzerland is on standard time. Orders can only execute during that window.
Is Hannover Rück a Switzerland company, and does that change how it is taxed?
Hannover Rück trades on the SIX Swiss Exchange in CHF, but the company is domiciled in Germany. Hannover Rück trades as an ordinary share listed directly in Switzerland, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Hannover Rück shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Hannover Rück holding, its cost and its closing value.
How do I sell Hannover Rück and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in CHF in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Hannover Rück?
Yes. Hannover Rück is priced in CHF, so your rupee outcome combines the CHF move with the CHF/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.