The Annual General Meeting of Hannover Rück SE was held on 10 May 2016 at Hannover Congress Centrum (HCC). Altogether, including postal ballots around 81% of the share capital was represented.
In his address to shareholders Chief Executive Officer Ulrich Wallin took the opportunity to mark the company’s fiftieth anniversary by profiling its historical development on the basis of selected key figures. He then looked back on the 2015 financial year, which had closed with a new record profit for Hannover Re of EUR 1.15 billion. The two business groups of Property & Casualty and Life & Health reinsurance as well as very good investment income all contributed to this successful performance. In light of this good result and the company’s very healthy capitalisation, the shareholders accepted the proposal of the Executive Board and Supervisory Board that a gross dividend of EUR 4.75 per share should be paid. The payout took the form of a dividend of EUR 3.25 per share and a special dividend of EUR 1.50 per share, with the special dividend to be considered a capital management measure. This proposal, together with all other proposed resolutions put to the vote, was approved by the Annual General Meeting by a large majority.
All voting results and the attendance were published on the company’s website following the Annual General Meeting. The next Annual General Meeting will be held on 10 May 2017 in Hannover.