DGAP-News: Hannover Re incurs disproportionately l

DGAP-News: Hannover Rück SE / Key word(s): Miscellaneous Hannover Re incurs disproportionately low losses from hailstorm Andreas 17.10.2013 / 10:00 --------------------------------------------------------------------- Hannover Re incurs disproportionately low losses from hailstorm Andreas Hannover, 17 October 2013: A series of particularly severe local hailstorms caused considerable losses in Germany over the summer months. The most costly of these for the insurance and reinsurance industry was hailstorm Andreas; the market loss is estimated to be at least EUR 2.5 billion. Hannover Re currently anticipates a net loss in the order of EUR 64 million for this event; relative to its market share, the impact on the company was therefore disproportionately slight. 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 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 --------------------------------------------------------------------- 17.10.2013 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 --------------------------------------------------------------------- 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 --------------------------------------------------------------------- 234959 17.10.2013