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Hannover Rueck SE

Board/Management Information Aug 8, 2011

197_rns_2011-08-08_fc02951b-479e-45b3-b13a-9bc40e667ca1.html

Board/Management Information

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Corporate | 8 August 2011 07:30

Hannover Re appoints new member of the Executive Board

Hannover Rückversicherung AG / Key word(s): Change of Personnel

08.08.2011 / 07:30


Hannover Re appoints new member of the Executive Board

Hannover, 8 August 2011: The Supervisory Board of Hannover Re has appointed Claude Chèvre as a full member of the Executive Board. He will take up his duties effective 1 February 2012 at the latest.

Mr. Chèvre's appointment coincides with the departure of Wolf Becke. Becke, who as a member of the Executive Board has played a pivotal role in the development of the life and health reinsurance group since 1991, is retiring on 1 January 2012.

Working in concert with Board member Klaus Miller, Claude Chèvre will henceforth assume responsibility for the life and health reinsurance business of the Hannover Re Group.

'With the appointment of Claude Chèvre I am delighted that we have been able to attract a seasoned life reinsurance expert equipped with extensive experience – especially in our major markets', Ulrich Wallin, Hannover Re's Chief Executive Officer, affirmed.

Mr. Chèvre (44) holds a degree in mathematics and is a Swiss citizen. After graduating he embarked on his professional career in 1995 at Union Reinsurance Company Life & Health in Zurich. Following the company's integration into the Swiss Re Group Mr. Chèvre bore responsibility for the Spanish market. He subsequently held various managerial positions in life and health reinsurance business; in 2002 he was appointed as a member of the Senior Management of Swiss Re. After two years with Winterthur Insurance Group he joined PartnerRe, Zurich, in 2007, where as a member of Senior Management he was initially responsible for the development of Asian business. Since 2008 he has served as Head of Life for Asian markets, Spain, Portugal and Latin America.

For further information please contact:

Corporate Communications:

Karl Steinle (tel. +49 511 5604-1500,

e-mail: [email protected])

Media Relations:

Gabriele Handrick (tel. +49 511 5604-1502,

e-mail: [email protected])

Investor Relations:

Klaus Paesler (tel. +49 511 5604-1736,

e-mail: [email protected])

Please visit: www.hannover-re.com

Hannover Re , with a gross premium of around EUR 11 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 'Excellent').

Please note the disclaimer:

www.hannover-re.com/misc/disclaimer-pr-050811

End of Corporate News


08.08.2011 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
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Terminbörse EUREX
End of News DGAP News-Service
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134478  08.08.2011

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