German financial services provider Hannover Re, the third-largest reinsurance group in the world, on Monday said it is planning to increase the dividend paid to shareholders following the record profits seen in 2023. For the past year, the company based in northern Germany, will propose a dividend of €7.20 ($7.80) per share, up from €6 per share last year. The planned distribution for 2023 consists of an ordinary dividend of €6 and a special dividend of €1.20 per share. For the previous year, Hannover Re had paid an ordinary dividend of €5 and a special dividend of €1. At the beginning of Febr…