04.08.2022 Hannover Rück SE  DE0008402215

DGAP-News: Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific


 

DGAP-News: Hannover Rück SE / Key word(s): Personnel
Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific

04.08.2022 / 08:30
The issuer is solely responsible for the content of this announcement.


Corporate news

Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific

  • Sharon Ooi to join from Swiss Re in January 2023
  • Additional seat on the Executive Board to strengthen focus on Asia

Hannover, 4 August 2022: The Supervisory Board of Hannover Rück SE has appointed Sharon Ooi as an additional member of the Group's Executive Board effective January 2023. Hannover Re is thus strengthening its focus on Asia as a growth region. Ooi will oversee the further expansion of Hannover Re’s Property & Casualty reinsurance business in Asia-Pacific.

"With Sharon Ooi, we have been able to attract an internationally recognised expert for the growth region of Asia-Pacific to Hannover Re," said Torsten Leue, Chairman of the Supervisory Board of Hannover Re. "I look forward to working with her."

“I’m delighted to welcome Sharon to Hannover Re’s Executive Board. She will play a crucial role in shaping Hannover Re’s further expansion in Asia-Pacific as the region is gradually evolving into the world’s largest insurance market,” said Jean-Jacques Henchoz, Chief Executive Officer of Hannover Re. “Sharon has proven her skills in various positions throughout the region and has an intimate knowledge of the markets.”

Sharon Ooi joins from Swiss Re and will be primarily based in Hong Kong. She joined Swiss Re in Asia in 2006 and most recently served as the Sydney-based Head of Australia and New Zealand. Before that, she held various positions at the reinsurer’s property and casualty business in Asia. She holds an Honours Degree in Cell and Molecular Biology from the National University of Singapore.

“I’m thrilled to join Hannover Re and am very much looking forward to further developing the company’s dedicated growth strategy in the Asia-Pacific region,” Sharon Ooi said. “I’m fully convinced of the future opportunities that the region I call home has to offer. Hannover Re is very well positioned to partner with its clients in this important region.”

 

Hannover Re, with gross premium of more than EUR 27 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 more than 3,000 staff. Established in 1966, the Hannover Re Group today has a network of more than 170 subsidiaries, branches and representative offices worldwide. The Group's German business is written by the subsidiary E+S Rück. The rating agencies most relevant to the insurance industry have awarded both Hannover Re and E+S Rück outstanding financial strength ratings: Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior".

Please note the disclaimer:

https://www.hannover-re.com/535917

Contact

Corporate Communications/
Media Relations: 

Oliver Suess
tel. +49 511 5604-1502 
[email protected]

Investor & Rating Agency Relations:
Karl Steinle 
tel. +49 511 5604-1500 
[email protected]

Investor Relations: 
Axel Bock 
tel. +49 511 5604-1736 
[email protected] 

www.hannover-re.com 



04.08.2022 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.

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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
Internet: www.hannover-re.com
ISIN: DE0008402215
WKN: 840 221
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1412905

 
End of News DGAP News Service

1412905  04.08.2022 

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  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 17.790,51 19.176,36 22.597,64 24.770,34 27.762,31 33.275,53 35.015,00
EBITDA1,2 1.435,30 1.691,71 1.933,83 1.379,18 1.885,49 2.281,58 0,00
EBITDA-Marge3 8,07 8,82 8,56 5,57 6,79 6,86
EBIT1,4 1.364,36 1.596,65 1.853,18 1.214,08 1.734,83 2.087,45 0,00
EBIT-Marge5 7,67 8,33 8,20 4,90 6,25 6,27 0,00
Jahresüberschuss1 1.044,58 1.145,53 1.373,37 883,07 1.300,22 1.542,74 1.750,00
Netto-Marge6 5,87 5,97 6,08 3,57 4,68 4,64 5,00
Cashflow1,7 1.693,85 2.224,57 2.509,21 3.231,03 4.940,46 5.164,36 0,00
Ergebnis je Aktie8 7,95 8,70 10,65 7,32 10,21 11,66 13,30
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INVESTOR-INFORMATIONEN
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Hannover Rück
WKN Kurs in € Einschätzung Börsenwert in Mio. €
840221 237,300 Halten 28.617,70
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,97 14,43 0,90 24,41
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3,23 5,54 0,86 12,54
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
6,00 6,20 2,61 06.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
14.05.2024 12.08.2024 09.11.2023 18.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,78% 14,00% 9,71% 29,04%
    
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