HDI Global Specialty
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The transaction will free up capital for Hannover’s reinsurance growth. -
Distribution and strategic initiatives manager Oliver Davies will become head of distribution.
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The hull market has seen multiple years of positive rating momentum following a period of prolonged soft conditions.
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HDI is looking to streamline its Talanx operations in Germany and bring together 7,650 staff under one new company.
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The recruit has spent 16 years at AGCS in senior roles.
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London-based A/O PropTech leads the financing.
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The move follows the appointment of Mark Appleton to the global liability division management team.
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Sustained pricing improvement has attracted multiple entrants to the class.
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Nicolas Masjuan and Christian Müller are joining the management board as Camillo Khadjavi departs.
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Claire McDonald takes on the additional role of authorised representative for HDI Ireland.
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Insiders Mark Appleton and Thomas Stamm take new roles as the carrier expands management of the line beyond Hanover.
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New hire to build German fine art and high net worth team.
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