DGAP-News: Hannover Re plans financial investment
(firmenpresse) - DGAP-News: Hannover Rück SE / Key word(s): Miscellaneous
Hannover Re plans financial investment
20.08.2013 / 12:30
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Press release
Hannover Re plans financial investment
Hannover, 20 August 2013: An article published in a UK newspaper reported
on the impending sale of Heidelberger Leben. Hannover Re was mentioned in
this connection as a possible buyer. The price to be paid was put in the
region of EUR 400 million.
Hannover Re can confirm that it is involved in the sale process. However,
its financial investment will be of an indirect nature consisting of a
minority interest that will not exceed an amount in the double-digit
million euros.
In view of the fact that negotiations are still ongoing, the company is
currently unable to provide any further details in this regard.
For further information please contact:
Corporate Communications:
Karl Steinle (tel. +49 511 5604-1500,
e-mail: karl.steinle(at)hannover-re.com)
Media Relations:
Gabriele Handrick (tel. +49 511 5604-1502,
e-mail: gabriele.handrick(at)hannover-re.com)
Investor Relations:
Axel Bock (tel. +49 511 5604-1736,
e-mail: axel.bock(at)hannover-re.com)
Please visit: www.hannover-re.com
Hannover Re, with a gross premium of EUR 13.8 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 2,300
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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20.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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(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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226618 20.08.2013
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Datum: 20.08.2013 - 12:30 Uhr
Sprache: Deutsch
News-ID 289152
Anzahl Zeichen: 4249
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Kategorie:
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