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Hannover Re and Social Responsibility

Promoting Hannover as an Art Location

Hannover Re established a foundation for the benefit of the Sprengel Museum Hannover. With its extensive collection of art and its multifaceted temporary exhibitions programme, the Sprengel Museum – which opened in 1979 - is among the most renowned museums for 20th-century art. The Hannover Re foundation was launched in 1991 on occasion of Hannover Re’s 25th anniversary. Its mission is to promote Hannover as an art location through the acquisition of paintings and sculptures which are handed over to the museum on permanent loan. In addition to this, the foundation funds accompanying publications and events.

Following are exemplary works which were purchased by the foundation and handed over to the Sprengel Museum Hannover on permanent loan:

  • "Ohne Titel", Sigmar Polke
  • "Bilddreiundzwanzig”, Georg Baselitz
  • "The Sculptor”, Roland B. Kitaj
  • "Ohne Titel”, Wandskulptur, Donald Judd
  • "Abstraktes Bild“, Gerhard Richter

Promoting Music Students’ Performances

In cooperation with Hannover University of Music and Drama, our subsidiary E+S Rück who is responsible for the German market, organises so-called "examination concerts". Ever since holding the concert for the first time in 1998, E+S Rück has enabled three or four "master" music students per year to embark on their career as soloists, while at the same time offering its clients a musical highlight as part of the "Hannover Forum" event. Were it not for the involvement of E+S Rück, these advanced students would face a long wait until their final examination, since opportunities for them to play with a large orchestra are few and far between.

Christmas Presents / Donations to Charities

Hannover Re has drastically reduced the annual number of Christmas presents and donates the proceeds to charities.

Research and development

Bearing in mind that the reinsurance of catastrophe risks is part of our core business, a constant knowledge transfer between business and research that enables our company to apply the very latest insights is of great importance. With this in mind, we support the highly respected Geo Research Center in Potsdam in its systematic research into earthquakes and their early identification.

We also seek to maintain an ongoing dialogue with universities and, last but not least, our own experts are welcome speakers at conferences and institutions of higher learning.

Environment

In 2007 Hannover Re participated for the first time in the "Ecological Project for Integrated Environmental Technology" (Ecoprofit). The basic idea underlying this project is to combine economic profit with ecological benefit. For the successful implementation of 10 measures Hannover Re was singled out as an "Ecoprofit" business by the City and Region of Hannover in December 2007.

In order to compensate for the carbon dioxide emission caused by business flights we also pay a carbon offset levy for each kilometre flown to an international organisation that puts the funds collected towards climate protection.