What is the breakdown of Hannover Res shareholder structure?
The majority shareholder of Hannover Re is Talanx AG, a wholly owned subsidiary of HDI V.a.G. As at July 1, 2003, Talanx AG held 71.8% of the share capital of Hannover Re; the remaining 28.2% is widely spread. TThe shareholder structure within the scattered holdings is broadly diversified. As at December 31, 2003 74% of the free float was held by corporate entities; 26% was therefore held by natural persons.
