In Oracle we can do it like this:
declare current_max_value NUMBER;
begin select last_number+1 into current_max_value from USER_SEQUENCES where sequence_name = 'HIBERNATE_SEQUENCE';
execute immediate 'CREATE SEQUENCE SEQ__NEW_SEQUENCE MINVALUE 1 MAXVALUE 999999999999999999999999999 INCREMENT BY 1 START WITH '||current_max_value|| ' CACHE 20 NOORDER NOCYCLE';
Is there a DB2 equivalent?