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The CEO was responding to comments made by Chubb’s Evan Greenberg. -
Growth vs discipline, smart follow and M&A mean 2025 will be a mixed bag for London.
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The firm announced Q3 results alongside strategic actions that included an ADC deal with Enstar.
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The flat renewal follows a tripling of RoL on the programme last year.
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Hannover Re’s CEO said the market had been disciplined.
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Lonmar, Decus Insurance Brokers and BdB will come under the Bridge Specialty International banner.
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The business will trade via London, the US and Canada.
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Fidelis 3123 and NormanMax 3939 were the first syndicates to adopt modifications.
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The reinsurer’s large losses tallied up to EUR1.3bn for the nine-month period to 30 September.
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He succeeds Christian Hermelingmeier, who is set to become Hannover Re’s new CFO.
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