Regulatory Filings • Sep 6, 2012
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Corporate | 6 September 2012 14:00
Hannover Re crowned ‘Reinsurance Company of the Year’
Hannover Rückversicherung AG / Key word(s): Miscellaneous
06.09.2012 / 14:00
Hannover Re crowned 'Reinsurance Company of the Year'
Hannover, 6 September 2012: Hannover Re was the recipient of a highly prized award yesterday evening in London: 'Insurance Day', the prestigious UK daily for the global insurance industry, named Hannover Re 'Reinsurance Company of the Year' at its annual awards ceremony.
'We are delighted to receive this distinction, which reflects the jury's appreciation of our successful business model. Going forward, thanks to the healthy diversification of our book of business and our sophisticated risk management, it remains our expectation that we can live up to the requirements of both our clients and our investors', Chief Executive Officer Ulrich Wallin affirmed.
In a difficult 2011 financial year overshadowed by a challenging capital market environment and exceptionally heavy losses from natural disasters, Hannover Re had generated a highly gratifying result. Of all professional reinsurers, the company achieved the lowest percentage of catastrophe losses relative to net premiums earned at just 14%.
The 'Worldwide Reinsurance Awards' were presented this year for the nineteenth time. The jury consisted of noted personalities from the (re)insurance industry.
For further information please contact:
Media Relations:
Gabriele Handrick (tel. +49 511 5604-1502,
e-mail: [email protected])
Investor Relations:
Julia Hartmann (tel. +49 511 5604-1529,
e-mail: [email protected])
Please visit: www.hannover-re.com
Hannover Re , with a gross premium of around EUR 12 billion, is the third-largest reinsurer in the world. It transacts all lines of non-life and life and health reinsurance and is present on all continents with around 2,200 staff. The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- 'Very Strong' and A.M. Best A+ 'Superior').
Please note the disclaimer:
www.hannover-re.com/misc/disclaimer-pr-050811
End of Corporate News
06.09.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | Hannover Rückversicherung AG |
| Karl-Wiechert-Allee 50 | |
| 30625 Hannover | |
| Germany | |
| Phone: | +49-(0)511-5604-1500 |
| Fax: | +49-(0)511-5604-1648 |
| E-mail: | [email protected] |
| Internet: | www.hannover-re.com |
| ISIN: | DE0008402215 |
| WKN: | 840 221 |
| Indices: | MDAX |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Terminbörse EUREX |
| End of News | DGAP News-Service |
| - - - |
| 184360 06.09.2012 |
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