The Annual General Meeting approved the proposal of the Executive Board and Supervisory Board to pay a gross dividend of EUR 3.00 per share for the 2013 financial year.
Hannover, 7 May 2014:
The Annual General Meeting of Hannover Re today approved all proposed resolutions by a large majority.
In his address to shareholders Chief Executive Officer Ulrich Wallin took the opportunity to look back once more on the very pleasing 2013 financial year, in which the company further improved on the profit generated in the previous year. A very good underwriting result in non-life reinsurance provided the basis for new record net income of EUR 895.5 million.
The Annual General Meeting approved the proposal of the Executive Board and Supervisory Board to pay a gross dividend of EUR 3.00 per share for the 2013 financial year.
In addition, the General Meeting re-elected the existing shareholder representatives as members of the Supervisory Board of Hannover Rück SE.
The next Annual General Meeting is scheduled for 6 May 2015 in Hannover.
Hannover Re is one of the world’s leading reinsurers. It transacts all lines of property & casualty and life & health reinsurance and is present worldwide with more than 3,500 staff. German business of the Hannover Re Group is written by the subsidiary E+S Rück. Established in 1966, Hannover Re is recognised as a reliable partner for innovative risk solutions, exceptional customer intimacy and financial soundness. The rating agencies most relevant to the insurance industry have awarded both Hannover Re and E+S Rück outstanding financial strength ratings: Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior".
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