Loans to members of the management boards and contingent liabilities
In order to avoid potential conflicts of interest, Hannover Re or its subsidiaries may only grant loans to members of the Executive Board or Supervisory Board or their dependants with the approval of the Supervisory Board.
In 2012 no loan relationships existed with members of Hannover Re’s Executive Board or Supervisory Board, nor did the company enter into any contingent liabilities for members of the management boards.