DGAP-News: Hannover Re plans financial investment

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DGAP-News: Hannover Re plans financial investment

DGAP-News: Hannover Rück SE / Key word(s): Miscellaneous Hannover Re plans financial investment 20.08.2013 / 12:30 --------------------------------------------------------------------- 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@hannover-re.com) Media Relations: Gabriele Handrick (tel. +49 511 5604-1502, e-mail: gabriele.handrick@hannover-re.com) Investor Relations: Axel Bock (tel. +49 511 5604-1736, e-mail: axel.bock@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 --------------------------------------------------------------------- 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 --------------------------------------------------------------------- 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 --------------------------------------------------------------------- 226618 20.08.2013

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

UK Retail Sales Show Weakness, Impacting Consumer Confidence

Updated Category News Views 316

Understanding the UK Retail Sales Decline The recent decline in UK retail sales caught many by surprise, showcasing an unexpected drop of 0.3% in December. This downturn occurs just before an important meeting of the Bank of England, highlighting potential challenges for consumer spending. Monthly and Yearly Sales Trends Retail sales had previously experienced a revised...

Continue Reading
Revolutionizing Government Procurement with RMX's Solutions

Updated Category News Views 177

RMX Secures GSA Schedule Placement Reticulate Micro, Inc. (RMX) (OTCQB: RMXI), a leading innovator in software products specializing in advanced video compression technology, is thrilled to announce its inclusion on the General Services Administration (GSA) Schedule. This partnership with Dfuse Technologies, Inc. will make RMX's VAST™ (Video Adaptive Systems Technology)...

Continue Reading
Canadian Scholarship Trust Foundation Partners at Major Events

Updated Category News Views 154

CST Partners with Baby Shows to Support New Parents The Baby Show showcases the latest products, workshops, seminars, and demos from leading parenting experts, providing essential resources for new families. Details of the Partnership The Canadian Scholarship Trust Foundation (CST) has secured a three-year title sponsorship for the Baby Shows in Toronto and Vancouver....

Continue Reading
Afarak Group Plans Capital Restructuring in Upcoming Meeting

Updated Category News Views 112

Afarak Group's Strategic Meeting on Capital Restructuring Afarak Group SE (LSE: AFRK, NASDAQ: AFAGR) has announced a pivotal meeting aimed at discussing essential capital restructuring strategies. Scheduled for a future date, this meeting reflects the company's commitment to enhancing its financial structure and operational efficiency. Proposed Changes to Capital...

Continue Reading
Edison International's Upcoming Earnings: What to Expect

Updated Category News Views 122

Edison International's Earnings Announcement Insights Edison Intl (EIX) is preparing to unveil its quarterly earnings report soon. As stakeholders await this significant update, it's crucial to examine elements that may influence the stock's performance post-announcement. Analysts are forecasting an earnings per share (EPS) of approximately $0.98, which could highlight...

Continue Reading