HDI Global and its parent company Talanx are streamlining their reinsurance purchasing operations through consolidation, signaling potential for increased and larger market transactions such as catastrophe bonds.In an announcement made today by both firms, effective September 1, Stephanie Bode will assume an expanded role within Talanx Group Reinsurance, taking on dual responsibilities as Head of Reinsurance at HDI Global and overseeing the Corporate & Specialty Lines department across the Talanx Group.In this role, she will maintain her current reporting line to Dr.Stefan Pasternak, CFO of HDI Global, while also reporting into Oliver Grabau, Head of Talanx Group Reinsurance.

This consolidation under a single leader strengthens alignment in reinsurance purchasing across the Group, supporting streamlined operations and coordinated strategy execution, while also further connecting HDI Global to the reinsurance market.This coordinated approach could also facilitate larger or more frequent placements in innovative structures such as catastrophe bonds, following Talanx’s sponsorship of its first cat bond late last year and given the larger, consolidated reinsurance tower that will need to be purchased going forwards.Talanx secured its targeted $100 million of parametric earthquake protection from its debut catastrophe bond, Maschpark Re Ltd.

(Series 2024-1), with notes priced at the low end of initial guidance.You can read all about this  catastrophe bond and view details on almost every other cat bond ever issued in our extensive Artemis Deal Directory.Bode succeeds Rainer Fischer as Head of Reinsurance at HDI Global in the Finance Department under CFO Dr.

Pasternak.Fischer, who has served in the role for nine years will remain with the company in an advisory capacity.Prior to assuming her dual responsibilities, Bode oversaw market management for Continental Europe (excluding Germany), South Africa, and Japan in David Hullin’s executive department at HDI Global.

Addressing Bode’s appointment, Pasternak said: “Stephanie is a proven expert in the international insurance and reinsurance markets and knows our portfolio inside out.Together with her teams, she will negotiate the terms for HDI Global in reinsurance purchasing.I am very pleased that we have been able to recruit her for the important role as Head of Reinsurance at HDI Global and wish her every success in her new position.” “Aligning the teams under one leadership, will help us to reduce duplication, enhance market presence and ensure a seamless communication across our global operations.

I am confident that Stephanie will master this new challenge in her dual role with great dedication and success, and I wish her all the best in her extended role,” Pasternak added.“With Stephanie in her expanded role, we will be able to respond more quickly and flexibly to market changes in reinsurance purchasing – whether in terms of contract conditions or pricing.Through improved coordination, we can achieve even better results and strengthen our market position,” commented Grabau.

“I would also like to express my sincere thanks to Antje Pfitzner for her many years of leadership and outstanding work.I wish her continued success in her new role,” Grabau further added..All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.

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