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Personnel Information

Hannover, 22 November 1999:

With effect from January 1, 2000, the Supervisory Boards of Hannover Rückversicherungs-AG and E+S Rück have appointed Dr. Michael Pickel as a Deputy Member of the Executive Board.

Dr. Pickel will assume responsibility for legal affairs as well as claims. Moreover, he will take on responsibility at first jointly with Board Member Udo Schubach until his retirement for the German market.

Dr. Pickel (39) is a lawyer and has been with Gerling Globale Re since 1989, where he has been in charge of the European non-domestic business since 1996.