DGAP-News: Hannover Re crowned 'Reinsurance Company of the Year'
(firmenpresse) - DGAP-News: Hannover Rückversicherung AG / Key word(s): Miscellaneous
Hannover Re crowned 'Reinsurance Company of the Year'
06.09.2012 / 14:00
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Hannover Re crowned 'Reinsurance Company of the Year'
Hannover, 6 September 2012: Hannover Re was the recipient of a highly
prized award yesterday evening in London: 'Insurance Day', the prestigious
UK daily for the global insurance industry, named Hannover Re 'Reinsurance
Company of the Year' at its annual awards ceremony.
'We are delighted to receive this distinction, which reflects the jury's
appreciation of our successful business model. Going forward, thanks to the
healthy diversification of our book of business and our sophisticated risk
management, it remains our expectation that we can live up to the
requirements of both our clients and our investors', Chief Executive
Officer Ulrich Wallin affirmed.
In a difficult 2011 financial year overshadowed by a challenging capital
market environment and exceptionally heavy losses from natural disasters,
Hannover Re had generated a highly gratifying result. Of all professional
reinsurers, the company achieved the lowest percentage of catastrophe
losses relative to net premiums earned at just 14%.
The 'Worldwide Reinsurance Awards' were presented this year for the
nineteenth time. The jury consisted of noted personalities from the
(re)insurance industry.
For further information please contact:
Media Relations:
Gabriele Handrick (tel. +49 511 5604-1502,
e-mail: gabriele.handrick(at)hannover-re.com)
Investor Relations:
Julia Hartmann (tel. +49 511 5604-1529,
e-mail: julia.hartmann(at)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+ 'Superior').
Please note the disclaimer:
www.hannover-re.com/misc/disclaimer-pr-050811
End of Corporate News
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06.09.2012 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,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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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(at)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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184360 06.09.2012
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Datum: 06.09.2012 - 14:00 Uhr
Sprache: Deutsch
News-ID 180934
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