Corporate Governance describes for the Executive Board and Supervisory Board of Hannover Re an institutional framework for the management and supervision of the company in all key areas of enterprise constitution. The goal is to bring about sustained growth in the value of the company as well as to strengthen and consolidate on a lasting basis the trust placed in the enterprise by our shareholders, business partners, clients, employees and the general public. A state-of-the-art Corporate Governance culture continues to be enshrined in Hannover Re's business practices as a matter of course.

Recommendations of the German Corporate Governance Code

Hannover Rück SE diverges in its implementation of the recommendations of the German Corporate Governance Code in some aspects from the version of the Code as amended 7 February 2017. The reasons for the divergences are set out in the Declaration of Conformity in our Annual Report 2018.