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HDI Global Specialty SE has promoted Frida Kangasniemi to the role of head of airline, the specialty lines insurer said in a statement Monday.
She replaces Thomas Broms, who retired at the end of 2019, the statement said.
Ms. Kangasniemi, based in Stockholm, was previously head of general aviation at the insurer and joined HDI Global Specialty, formerly Inter Hannover, from Willis Aerospace in 2009, the statement said.
HDI Global Specialty writes aviation business from offices in Stockholm, London, Cologne, Sydney and Toronto, the statement said.
German insurer HDI-Gerling Industrie Versicherung A.G. will increase its stake in its Indian joint venture Magma HDI General Insurance Co. Ltd. to 49%, reported The Hindu BusinessLine.