ORLANDO, Fla.--(BUSINESS WIRE)--Hannover Life Reassurance Company of America “Hannover Re US” announced today that Curt Hagelman, SVP, Chief Marketing Officer who will turn 62 in January, will retire effective December 31, 2017.
After 40 years in the reinsurance industry, Curt has announced his retirement. Before joining Hannover Re US in 2001, Curt served as President of Sterling Holdings for five years, which followed four years with Aachen Holdings. Prior to that, he worked with European reinsurers Frankona Re and Gerling Global Re. Peter Schaefer, President and Chief Executive Officer of Hannover Re US, commented, “We appreciate Curt’s contributions and dedication to the company over the past 16 years and wish him the very best in his retirement.”
About Hannover Re US
Hannover Life Reassurance Company of America (Hannover Re US), which is licensed and/or accredited in all 50 states, the District of Columbia, Puerto Rico and Guam, is the North American life and health reinsurance subsidiary of the Hannover Re Group. Hannover Re, with gross premium of EUR 16.4 billion, is the third-largest reinsurer in the world. It transacts all lines of property & casualty and life & health reinsurance and is present on all continents with around 2,900 staff and a network of more than 100 subsidiaries, branches and representative offices. The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior").