Chantal Cardinez has been named as chief executive of Hannover Re Bermuda, effective from July 1.
Cardinez is currently the CEO of Hannover Life Reassurance Bermuda, and takes her new responsibilities in addition to that role.
She takes over from Konrad Rentrup, the current CEO, who is retiring at the end of June.
Rentrup has been CEO of Hannover Re’s Bermuda business since 2001, and is responsible for having built up Hannover Re’s cat hub in Bermuda.
He first joined Hannover Re as a trainee and spent his first year with the insurance corporation of Hannover in Los Angeles. He then spent five years focusing on treaty underwriting for the US market and moved on to become a team manager. He rose to become general manager of Hannover Re’s North American property and casualty treaty business, and from there moved to Bermuda.
Cardinez joined Hannover Re in 2008 as the chief business development officer of Hannover Life Reassurance Bermuda. She was promoted to CEO of that business in 2015.
Konrad Rentrup, Hannover Re, Chantal Cardinez