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Hannover Re enters talks to buy Heidelberger Leben

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Hannover Re is poised to buy Lloyds banking group’s German insurance arm for a fee of €400m, according to media reports.

The German reinsurer has has teamed up with private equity groups to hold talks ahead of a bid for Heidelberger Leben, the Sunday Telegraph reported.

An announcement confirming the disposal could be

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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