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12 October 2021Insurance

DARAG hires Talanx executives in Europe

Legacy specialist  DARAG Group has hired Talanx executives to further strengthen its risk management capabilities in Europe.

Matthias Hahne has been appointed as head of risk management – Europe, and Martial Hille as senior risk manager (quantitative risk management and regulation). Both will be based in Hamburg, Germany and work closely with Alexander Roth (pictured), European CEO of DARAG on governance, risk and compliance.

Hahne has over 10 years’ experience as a risk manager, Internal Auditor and Actuary (DAV). He joins from his most recent position as head of actuarial auditing at Talanx AG, where he was responsible for planning, controlling and monitoring Solvency II, Pillar I and Pillar II related audit areas.

Hille has worked in risk management and internal auditing for over nine years, with his primary focus being on quantitative risk modelling and regulatory requirements, as well as internal and external risk reporting. Prior to joining DARAG, Hille worked as an internal auditor (group auditing/ actuarial auditing) at Talanx AG.

Tom Booth, group CEO of DARAG, said: “Having a strong risk management strategy is vital for us as a legacy provider, particularly as regulators rightly increase their focus on ensuring that the market is robust enough to weather potential risks. With the appointments of Matthias and Martial, who both have an excellent understanding of the regulatory landscape, we are further strengthening our risk management capabilities.”

Roth said: “Increasing our resources in compliance and risk management enables us to further build upon our strong and ever-developing business model and ensures that DARAG is completely aligned with the requirements of the European regulators. Matthias and Martial are consummate risk management professionals and it is a pleasure to welcome them to the DARAG team.”

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More on this story

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16 September 2021   Tom Booth took over as group CEO of DARAG three years ago. Since then, he’s been working to expand the company internationally as he told the Re/insurance Lounge.
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16 August 2021   Legacy acquirer DARAG has signed a loss portfolio agreement with a Norway-based insurer as it seeks to exit the market.
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30 November 2021   The executive has more than 25 years’ experience in the German insurance market.