General: Hannover Rück SE (Hannover Re) was established in 1966 under the name "Aktiengesellschaft für Transport- und Rückversicherung". The gross written premium of the Hannover Re Group has since grown from EUR 0.05m to around EUR 16.4bn in 2016 which makes it the third largest reinsurer in the world. The Company transacts nonlife reinsurance since 1966. Life and health reinsurance is a strategic growth segment since 1990. The Company is present on all continents with around 2,500 staff.
Agenda: We have no concerns over the agenda items at this year's AGM.
In line with German law, the auditor of an insurance company like Hannover Re is not appointed by the AGM but the Supervisory Board. KPMG has audited the Company since at least 1996 (no earlier data available). ECGS recommends a maximum term of 10 years or 20 years in case an audit tender has taken place after the initial engagement period..