Hannover Rück SE

Hannover Re is one of the world's largest reinsurers, providing cover to primary insurers against everything from natural catastrophes to life and health risks. Known for tight cost control and disciplined underwriting, it has built a reputation as one of the best-run companies in an industry where pricing power has strengthened as disasters grow more frequent. Its dividend policy is a favourite among income investors. Hannover Re pays a reliable base dividend and tops it up with a special payment in good years, so that the total distribution has grown consistently over time. Strong capital and steady earnings underpin one of the highest DiviScores in the index.