8.11 Events after the balance sheet date

Based on early estimates, Hannover Re anticipates loss expenditure of around EUR 25.0 million as a consequence of the severe earthquake in Haiti in January 2010.

In a press release dated 27 January 2010 we announced that we had increased the “K6” transaction launched in the year under review with effect from 1 January 2010 by the maximum targeted amount of EUR 106.0 million to a total volume of EUR 229.5 million. The new tranches were taken up by both new and existing investors.

According to initial estimates, an explosion at a power plant under construction in the United States on 7 February 2010 will result in loss expenditure of approximately EUR 10.0 million for Hannover Re.