Hannover Life Reassurance Company of America (Hannover Re US) has announced the appointment of Tiffany Norman as President and CEO of Hannover Re US, effective January 1, 2026.
For personal reasons, Thompson has elected to transition to a global role as Principal Lead, Life & Health Portfolio Steering and Business Performance reporting to Brona Magee, Hannover Re’s Life & Health Reinsurance Executive Board Member.
The transition comes as Schaefer prepares to retire on December 31, 2025. The executive’s retirement concludes a 27-year career with the firm.
Joining as Chief Actuary in 1999 and ascending to President and CEO in 2001, Schaefer is credited with guiding Hannover Re US through nearly three decades of transformative growth.
Norman brings nearly 20 years of specialised industry to her new role, encompassing a wide range of areas, including actuarial modelling, economic capital, valuation, financial reporting, pricing, and product development.
She joined Hannover Re US in 2006 and has since successfully led actuarial staffing and development for the reinsurer in the US.
Most recently, Norman held the position of Executive Vice President and Head of Annuity Solutions and has achieved notable success in driving growth in this part of Hannover Re US.
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