Against the backdrop of political and economic uncertainties and the continued intensely competitive market environment in reinsurance, Hannover Re experienced further strong demand for information from capital market players in 2016. We use primarily roadshows and investor conferences in order to initiate or maintain as well as consolidate our dialogue with institutional investors. Altogether, members of the Executive Board and representatives of the Investor Relations department attended 14 international capital market conferences (previous year: 16) and 19 roadshows (19). The focus of our efforts was on the financial centres of Europe and North America.
Complementing these activities, we held Hannover Re’s 19th Investors’ Day on 20 October 2016. Around 40 analysts and institutional investors assembled in London to engage in an intensive exchange of views with members of the Executive Board. On the occasion of the company’s fiftieth anniversary, the Executive Board took the opportunity to review the company’s evolution into one of the world’s foremost reinsurance groups with a presentation of selected key figures. It also set out the reasons why reinsurance demand will continue to grow in future and described how the company intends to share in this growth. Discussions relating to the risk profile and the capitalisation under Solvency II also featured on the agenda, as did the implications of the protracted low interest rate environment for strategic capital management and a presentation of the growth opportunities in the North American property and casualty reinsurance market. In common with many of our other IR events, the Investors’ Day is broadcast live on our website.
In the year just ended Hannover Re again provided information about its achievements as a responsible enterprise in the form of a stand-alone sustainability report drawn up in accordance with the internationally recognised reporting standards of the Global Reporting Initiative (GRI). Based on this structured reporting format, which was published for the fifth year in succession, the company’s sustainability performance was also assessed by the rating agency Oekom Research; its above-average fulfilment of industry-specific requirements was confirmed with the award of “Prime” status. Hannover Re also retained its place in the worldwide FTSE4Good Index Series in the financial year just ended.