7.6 Staff and expenditures on personnel
StaffThe average number of staff at the companies included in the consolidated financial statement of the Hannover Re Group was 1,790 (1,922). The decrease in the workforce was attributable to the disposal of North American Risk Services, Inc., Wilmington/USA, a subsidiary of Hannover Finance, Inc., Wilmington/USA, in the first quarter of 2008.
As at the balance sheet date altogether 1,812 (1,825) staff were employed by the Hannover Re Group, with 963 (907) employed in Germany and 849 (918) working for the consolidated Group companies abroad.
Excel download (19 KB)| 2008 | 2007 | ||||||
|---|---|---|---|---|---|---|---|
| Personnel information | 31.03. | 30.06. | 30.09. | 31.12. | Average | 31.12. | Average |
| Number of employees (excluding board members) | 1,744 | 1,781 | 1,790 | 1,812 | 1,790 | 1,825 | 1,922 |
The nationalities of the workforce as at the balance sheet date were as follows:
Excel download (19 KB)| 2008 | |||||||
|---|---|---|---|---|---|---|---|
| Nationality of employees | German | USA | South African | UK | Irish | Other | Total |
| Number of employees | 903 | 218 | 152 | 129 | 21 | 389 | 1,812 |
The expenditures on insurance business, claims expenses (claims settlement) and expenditures on the administration of investments include the following personnel expenditures:
Excel download (19 KB)| Figures in EUR thousand | 2008 | 2007 |
|---|---|---|
| a) Wages and salaries | ||
| aa) Expenditures on insurance business | 101,065 | 98,396 |
| ab) Expenditures on the administration of investments | 10,115 | 8,015 |
| 111,180 | 106,411 | |
| b) Social security contributions and expenditure on provisions and assistance | ||
| ba) Social security contributions | 15,261 | 13,397 |
| bb) Expenditures for pension provision | 12,644 | 11,686 |
| bc) Expenditures for assistance | 2,059 | 1,727 |
| 29,964 | 26,810 | |
| Total | 141,144 | 133,221 |