Hannover Re to retain Argenta members' agent

Hannover Re has decided to keep Argenta's members' agency,
ending speculation that it would spin off the Names advisory arm
after itsacquisition of the Lloyd's business closes, The
Insurance Insider understands.In a statement to this publication, Hannover Re CEO Ulrich
Wallin confirmed the carrier was not currently considering selling
the members' agent business.
Banking sources had suggested that the German reinsurance giant
might try to sell on the agency, breaking up Argenta CEO Andrew
Annand