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Management report
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Group non-financial information statement
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Opportunity and risk report
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Risk report
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- Opportunity report
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Risk report
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Outlook
In view of the interrelations between the parent company and the Group companies and the former’s large share of business within the Group, we would refer here to our remarks contained in the section entitled “Outlook for 2018”, which also reflect the expectations for Hannover Rück SE.
Hannover Re expects to generate a good profit on ordinary activities for the current financial year. In terms of the dividend, we envisage a payout ratio in the range of 35% to 40% of the IFRS Group net income. This ratio may increase in light of capital management considerations if the present comfortable level of capitalisation remains unchanged.