DGAP-News: Hannover Rückversicherung AG / Key word(s): AGM/EGM
Hannover Re: Annual General Meeting adopts all proposed resolutions
03.05.2012 / 15:21
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Hannover Re: Annual General Meeting adopts all proposed resolutions
Hannover, 3 May 2012: At today's Annual General Meeting Chief Executive
Officer Ulrich Wallin took the opportunity to look back once more on the
2011 financial year. Despite substantial major loss expenditure, Hannover
Re had still succeeded in generating pleasing net income of EUR 606.0
million.
The General Meeting approved the proposal of the Executive Board and
Supervisory Board to distribute a gross dividend for the 2011 financial
year of EUR 2.10 per share.
The General Meeting also adopted the resolution to transform the company
into a European public limited company (SE). In this way Hannover Re is
modernising its legal form and at the same time giving even greater
expression to the company's international dimension. What is more, it will
gain added flexibility in order to be able to respond to future legal or
regulatory requirements.
In addition, the General Meeting elected the existing shareholder
representatives as members of the company's Supervisory Board.
All other resolutions were approved by a large majority.
The next Annual General Meeting is scheduled for 7 May 2013 in Hannover.
For further information please contact:
Corporate Communications:
Karl Steinle (tel. +49 511 5604-1500,
e-mail: karl.steinle@hannover-re.com)
Media Relations:
Gabriele Handrick (tel. +49 511 5604-1502,
e-mail: gabriele.handrick@hannover-re.com)
Investor Relations:
Julia Hartmann (tel. +49 511 5604-1529,
e-mail: julia.hartmann@hannover-re.com)
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 'Excellent').
Please note the disclaimer:
www.hannover-re.com/misc/disclaimer-pr-050811
End of Corporate News
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03.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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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: info@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, Düsseldorf, Hamburg, München,
Stuttgart; Terminbörse EUREX
End of News DGAP News-Service
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167969 03.05.2012
DGAP-News: Hannover Re: Annual General Meeting adopts all proposed resolutions
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