Axa Germany, a unit of global insurance group Axa, has hired Axel-Rainer Hoffmann to head its Cologne-based asset and liability management (ALM) department. The unit sells life & savings products, property & casualty insurance and mutual funds to the German market.
Hoffmann will take charge of strategic asset allocation, working on economic capital modelling with the unit's risk management and controlling department, and assigning mandates to Axa investment managers.
He will also be responsibl
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