Hannover Re Adjusts Dividend Policy

Hannover Re has announced a modification to its dividend policy, effective from the 2025 financial year. The company plans to increase its regular dividend payout ratio to approximately 55% of the IFRS Group net income, up from 46% in 2024. This decision is driven by Hannover Re's strong capitalisation, which supports profitable growth and enhanced dividends.

The policy includes integrating the special dividend into the regular dividend. Additional special dividends will now only be issued under exceptional circumstances. This strategic shift aims to ensure a dividend per share at least equal to, or higher than, the previous year's, with a long-term growth perspective.