DGAP-News: Hannover Rück SE / Key word(s): Miscellaneous Hannover Re places protection cover for extreme mortality risks 16.12.2014 / 11:00 --------------------------------------------------------------------- Press release Hannover Re places protection cover for extreme mortality risks Hannover, 16 December 2014: Hannover Re has successfully placed a swap for extreme mortality scenarios on the capital market. This multi-year protection cover hedges life insurance risks against a severe increase in mortality rates - resulting, for example, from pandemics - in the United Kingdom, Australia and the United States. Altogether, a volume of some USD 160 million has been placed in the past two years. The index-linked swap, which was structured and placed by Hannover Re, was taken up primarily by institutional investors. "With this transaction we have developed a customised concept designed to counter the impacts of a significant increase in mortality rates", Ulrich Wallin, Chief Executive Officer of Hannover Re, explained. Hannover Re has been active in the field of insurance-linked securities (ILS) since the mid-1990s and has considerable expertise in enabling investors to participate in insurance risks. For further information please contact: Corporate Communications: Karl Steinle (tel. +49 511 5604-1500, e-mail: [email protected]) Media Relations: Gabriele Handrick (tel. +49 511 5604-1502, e-mail: [email protected]) Investor Relations: Julia Hartmann (tel. +49 511 5604-1529, e-mail: [email protected]) Please visit: www.hannover-re.com Hannover Re, with gross premium of EUR 14.0 billion, is the third-largest reinsurer in the world. It transacts all lines of property/casualty and life/health reinsurance and is present on all continents with around 2,400 staff. 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+ "Superior"). Please note the disclaimer: www.hannover-re.com/misc/disclaimer-pr-050811 --------------------------------------------------------------------- 16.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Hannover Rück SE Karl-Wiechert-Allee 50 30625 Hannover Germany Phone: +49-(0)511-5604-1500 Fax: +49-(0)511-5604-1648 E-mail: [email protected] Internet: www.hannover-re.com ISIN: DE0008402215 WKN: 840 221 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Terminbörse EUREX End of News DGAP News-Service --------------------------------------------------------------------- 305847 16.12.2014