Ad-hoc disclosure under Art. 17 MAR (Market Abuse Regulation): Hannover Re modifies dividend policy
Hannover, 5 October 2025: The Executive Board of Hannover Re has decided to realign the company's dividend policy. In view of its very good capitalisation, the payout ratio for the regular dividend will be raised to around 55% of IFRS Group net income (total dividend payout ratio for 2024: 46%). Furthermore, the goal is to distribute a dividend per share at least on the level of the previous year and to increase it over the long term. The special dividend, a tool which has been routinely used in the past, will become part of the regular dividend. Going forward, it is envisaged that an additional special dividend will only be used in exceptional circumstances. Hannover Re's very good capitalisation will enable it to continue generating profitable growth along with the increased dividend distribution. The new dividend policy is to be applied for the first time with effect from the 2025 financial year.
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 around 4,000 employees. 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".
.
This press information is provided without any guarantee whatsoever. Please find further important information in this regard here.