The participation of employees in decision-making processes within the company is safeguarded by their right to have a say through the SE Employee Council, the joint German Employee Council of Hannover Re and E+S Rück and by the three employee representatives on the Supervisory Board elected by this joint Employee Council. The employee-employer relationship is governed by the Co-Determination Act, our Articles of Association and the Agreements with the Employee Council.
Employees of Hannover Re are informed Group-wide without delay of significant operational changes. The Supervisory Board must be apprised immediately of matters that can have a material influence on the position of Hannover Re. No precise notice period has been set for this purpose. In the context of their right to information, the Employee Council for Hannover Home Office and the SE Employee Council of Hannover Rück SE also duly receive all relevant information so as to be able to influence operational changes.
In 2015, no instances are known of business operations at Hannover Re that could impede the rights to freedom of association or collective bargaining.