The Supervisory Board of Hannover Rück SE has appointed Sven Althoff as a member of the Executive Board with effect from August 1, 2014. Sven Althoff will succeed Andr? Arrago, who is retiring at the end of August 2014.

Since 2003 Mr. Althoff has served as Managing Director responsible for aviation and marine business worldwide as well as non-life treaty reinsurance in the United Kingdom and Ireland. The appointment is still subject to the approval of the Federal Financial Supervisory Authority (BaFin) in accordance with the Insurance Supervision Act.