SOURCE: Hannover Ruck

Sep 25, 2009 03:00 ET

Reactions Global Awards 2009: Hannover Re honoured with two awards

HANNOVER, GERMANY--(Marketwire - September 25, 2009) - Hannover Re was the proud recipient of two awards yesterday evening in New York: the highly respected international trade magazine 'Reactions' crowned Hannover Re 'Best Global Reinsurance Company' at its annual awards ceremony. Hannover Re was also named 'Best Global Reinsurance Company for Specialty Lines'. This category encompasses inter alia the aviation and marine reinsurance segments, in which the company ranks among the market leaders.

"We are delighted to receive these awards, which reflect the 'Reactions' readers' appreciation of our successful business model. Going forward we shall continue to do everything in our power to be a reliable and financially strong partner for our clients", Chief Executive Officer Ulrich Wallin observed.

Prizes are awarded on the basis of votes cast by the readers of 'Reactions'. They include insurers and reinsurers worldwide as well as insurance and reinsurance brokers and service providers.

For further information please contact:

Press and Public Relations / Investor Relations:
Stefan Schulz (tel. +49 511 5604-1500,
e-mail: stefan.schulz@hannover-re.com)

Press and Public Relations:
Gabriele Handrick (tel. +49 511 5604-1502,
e-mail: gabriele.handrick@hannover-re.com)

Investor Relations:
Klaus Paesler (tel. +49 511 5604-1736,
e-mail: klaus.paesler@hannover-re.com)

Please visit: www.hannover-re.com

Hannover Re, with a gross premium of around 9 billion euro, is one of the leading reinsurance groups in the world. It transacts all lines of non-life and life and health reinsurance. It maintains business relations with more than 5,000 insurance companies in about 150 countries. Its worldwide network consists of more than 100 subsidiaries, branch and representative offices on all five continents with a total staff of roughly 2,000. 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 "Excellent").

Disclaimer:

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Hannover Re does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Hannover Re and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.


Copyright © Hugin AS 2009. All rights reserved.