"My time leading Hannover Re has been very fulfilling, both professionally and personally," said Jean-Jacques Henchoz. "Together with a great team, we have succeeded in further developing Hannover Re and increasing its profitability. I would like to thank everyone who contributed to this success for their great commitment. My thanks also go to the Supervisory Board for their trusting cooperation. The aim of my next professional chapter is to contribute with my experience in non-executive and advisory roles. Until the end of March, I will continue to dedicate myself fully to my duties as Chief Executive Officer of Hannover Re and ensure an orderly handover to Clemens Jungsthöfel, whom I see as the perfect choice for my succession. I wish Clemens all the best for his new role."