Hannover Re: New Man at the Helm of Corporate Communications

Hannover, GERMANY


HANNOVER, Germany, April 30, 2007 (PRIME NEWSWIRE) -- Stefan Schulz (36) is to assume responsibility for Corporate Communications at Hannover Re with effect from 1 May 2007. A graduate in economics, Mr. Schulz began his professional career in 1998 as a trainee with Hannover Re. He subsequently worked as an underwriter for the East Asian market.

In 2002 Mr. Schulz moved to our subsidiary in South Africa, assuming underwriting responsibility for the specialty business written there. Since 2005 he has served as Associate Director responsible for financial reinsurance business at our Irish company Hannover Re Dublin.

Mr. Schulz will continue our policy of communicating actively and openly with the capital markets and the press.

His predecessor Eric Schuh - who successfully led Corporate Communications for almost four years - is leaving the position to take on a fresh challenge.

Your other accustomed contacts, Gabriele Bodeker for Investor Relations and Gabriele Handrick for Public Relations, remain at your disposal.

For further information please contact:

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

Investor Relations:

Gabriele Bodeker (tel. +49 / 511 / 56 04-17 36, e-mail: gabriele.boedeker@hannover-re.com)

Hannover Re, with a gross premium of around 9 billion euro, is one of the leading reinsurance groups in the world. It transacts all lines of non-life and life and health reinsurance. It maintains business relations with more than 5,000 insurance companies in about 150 countries. Its worldwide network consists of more than 100 subsidiaries, branch and representative offices in around 20 countries with a total staff of roughly 2,000. 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").

Disclaimer:

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Hannover Re does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Hannover Re and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.