Annual Report 2016

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8.4 Staff and expenditures on personnel

Staff

The average number of staff at the companies included in the consolidated financial statement of the Hannover Re Group during the reporting period was 2,804 (2,747); of this number, 2,575 (2,553) were employed at Group companies allocable to operational insurance business. As at the balance sheet date altogether 2,893 (2,762) staff were employed by the Hannover Re Group, with 1,349 (1,337) employed in Germany and 1,544 (1,425) working for the consolidated Group companies abroad.

Personnel information
20162015 
31.3.30.6.30.9.31.12.Average31.12.Average
Number of employees
(excluding Board members)		2,7802,7892,7942,8932,8042,7622,747

Expenditures on personnel

The expenditures on insurance business, claims expenses (claims settlement) and expenditures on the administration of investments include the following personnel expenditures:

Personnel expenditures
in EUR thousand20162015
a) Wages and salaries258,111246,391
258,111246,391
b) Social security contributions and expenditure on provisions and assistance
ba) Social security contributions22,08223,037
bb) Expenditures for pension provision25,52025,430
bc) Expenditures for assistance5,0164,784
52,61853,251
Total310,729299,642
8.3 Share-based payment
8.5 Earnings per share and dividend proposal
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8.4 Staff and expenditures on personnel

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