Hannover Re in August 2018 announced Jean-Jacques Henchoz would become its CEO in May 2019 upon Ulrich Wallin’s retirement. Henchoz leads Swiss Re’s reinsurance division in Europe, Middle East and Africa (EMEA), having responsibility both for life and for non-life. Previously, he was Managing Director, Client Markets; led Swiss Re Canada as President & CEO; and held positions as Head of Strategic Planning for P&C; Underwriting Manager, Financial Reinsurance;

Assicurazioni Generali in July 2018 sold an 89.9% stake in Generali Leben life insurance to a partnership which includes Viridium Gruppe and Hannover Re.  Viridium is owned by London-based private equity firm Cinven (80%) and global German reinsurer Hannover Re (20%). Generali Leben is valued at up to € 1 billion, including €125 million as earn-out in case of changes in the rules regulating the allocation to ZZR1 technical