DGAP-News: Hannover Rück SE / Key word(s): Change of Personnel
Hannover Re appoints new member of the Executive Board
11.03.2014 / 10:30
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Hannover Re appoints new member of the Executive Board
Hannover, 11 March 2014: The Supervisory Board of Hannover Rück SE has
appointed Sven Althoff (44) as a member of the Executive Board with effect
from 1 August 2014.
Sven Althoff will succeed André Arrago, who is retiring at the end of
August 2014. Mr. Arrago has served on the Executive Board since 2001 with
responsibility for non-life treaty reinsurance worldwide.
"I am delighted that in Mr. Althoff we have been able to appoint to the
Executive Board an exceptionally well-versed reinsurance expert who is also
intimately familiar with Hannover Re's business philosophy thanks to his
many years of service to the company", Chief Executive Office Ulrich Wallin
stated.
A graduate in economics, Mr. Althoff embarked on his professional career in
1993 with Hannover Re as an underwriter for US treaty business. Since 2003
he has served as Managing Director responsible for aviation and marine
business worldwide as well as non-life treaty reinsurance in the United
Kingdom and Ireland. Henceforth, Sven Althoff is to assume responsibility
on the Executive Board for Hannover Re's non-life reinsurance alongside
Jürgen Gräber and Dr. Michael Pickel. Mr. Althoff is married with two
children.
The appointment is still subject to the approval of the Federal Financial
Supervisory Authority (BaFin) in accordance with the Insurance Supervision
Act.
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 EUR 14.0 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 2,400
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
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11.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Hannover Rück SE
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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256624 11.03.2014
DGAP-News: Hannover Re appoints new member of the Executive Board
| Source: EQS Group AG