Hannover Rueck SE

Board/Management Information • Jan 21, 2009

News Details

Ad-hoc | 21 January 2009 15:45

Hannover Rückversicherung AG: Changes on the Executive Board

Hannover Rückversicherung AG / Change of Personnel

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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The Supervisory Boards of Hannover Rückversicherung AG and E+S
Rückversicherung AG have taken the following personnel decisions:

With effect from 1 July 2009 Ulrich Wallin (54) has been appointed as the
new Chief Executive Officer of both companies. Mr. Wallin succeeds Wilhelm
Zeller, who is retiring at the end of June 2009 at age 65. Mr. Zeller has
led the Hannover Re Group for more than 13 years.

Trained as a qualified lawyer, Mr. Wallin has sat on the Executive Boards
of Hannover Re and E+S Rück since 2001. He bears responsibility for the
following Central Divisions: Specialty Division, Direct and Facultative,
Group Protections and Insurance-linked Securities.

Mr. Wallin embarked on his professional career in 1982 with HDI
Haftpflichtverband der Deutschen Industrie V.a.G., Hannover. In 1984 he
joined the Foreign Section of E+S Rück, where he built up the portfolio of
aviation reinsurance. Prior to his appointment to the Executive Boards of
Hannover Re and E+S Rück, Mr. Wallin assumed a range of duties for the
Hannover Re Group, most notably in the areas of aviation and marine
business as well as worldwide facultative property and casualty business.
Mr. Wallin is married with two children.

With effect from the end of 31 March 2009 Mrs. Elke König, the Chief
Financial Officer of Hannover Re and E+S Rück, is leaving the Executive
Boards of both companies on the most amicable terms in order to tackle new
professional challenges. The Supervisory Boards would like to thank Dr.
König for her considerable personal dedication and her successful work on
behalf of the Hannover Re Group.

Mrs. König is to be succeeded by Roland Vogel (49), who has headed the
Hannover Re Group's Finance and Accounting division since 2001. A graduate
in economics, Mr. Vogel has been with the Group since 1989. After initially
joining the Internal Auditing unit, he took over as Head of the Business
Administration department in 1996. Mr. Vogel is married with two children.

For further information please contact:

Press and Public Relations / Investor Relations:
Stefan Schulz (tel. +49 / 511 / 56 04-15 00,
e-mail: stefan.schulz@hannover-re.com)

Press and Public Relations:
Gabriele Handrick (tel. +49 / 511 / 56 04-15 02,
e-mail: gabriele.handrick@hannover-re.com)

Investor Relations:
Klaus Paesler (tel. +49 / 511 / 56 04-17 36,
e-Mail: klaus.paesler@hannover-re.com)

21.01.2009 Financial News transmitted by DGAP

Language: English
Issuer: Hannover Rückversicherung AG
Karl-Wiechert-Allee 50
30625 Hannover
Deutschland
Phone: +49-(0)511-5604-1736
Fax: +49-(0)511-5604-1648
E-mail: klaus.paesler@hannover-re.com
Internet: www.hannover-re.com
ISIN: DE0008402215
WKN: 840 221
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin, München, Hamburg, Düsseldorf,
Stuttgart; Terminbörse EUREX

End of News DGAP News-Service

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