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Archive 2002

[ 2002-10-29 ]
Standard & Poor's Rating of Hannover Re The rating agency Standard & Poor's has announced today that it has placed its financial strength rating of Hannover Re (AA, "very strong") on Credit Watch with negative implications.

[ 2002-09-02 ]
Hannover Re's losses from flood catastrophe within the multi-year average Now that the situation in the flooded areas of Central and Eastern Europe is slowly returning to normal, our clients the primary insurers have also begun to analyse the resulting damage and to draw up initial estimates of the burden of losses.

[ 2002-07-31 ]
Profit forecast for 2002 unchanged

  • Neither the WTC losses nor the US business create a need for additional reserves
  • Only a moderate decrease in net investment income

[ 2002-07-09 ]
Hannover Re implements Stock Split 3:1 At our Annual General Meeting on 24 May 2002 it was decided by a large majority to increase the capital stock of Hannover Re out of company funds and implement a stock split.

[ 2002-07-01 ]
New Appointment for Corporate Communication Dr. Lutz Köhler (42) assumes responsibility for Corporate Communications, comprising primarily Investor Relations and Public Relations, with effect of July 1st 2002.