Munich Re’s CEO, Nikolaus von Bomhard honored by St. John’s University‘s School of Risk Management as “2012 Insurance Leader of the Year”

St. John’s University’s School of Risk Management (SRM) honored Nikolaus von Bomhard, Chief Executive Officer of Munich Re, as the “2012 Insurance Leader of the Year” at its 18th Annual Insurance Leader of the Year Award Dinner in New York City.

New York. Since 1995, the “Insurance Leader of the Year Award,” presented annually, recognizes the contributions of outstanding individuals whose leadership in the worldwide insurance and financial services industry sets them apart from their peers.

"Selecting Nikolaus von Bomhard as the Insurance Person of the Year is an easy and overdue choice. It is his remarkable leadership of Munich Re and across so many spheres, on behalf of the entire industry, from building sensible future regulation to getting serious about climate change and social responsibility that are the efforts that set Nikolaus so fully apart and demand our collective recognition and praise”, commented Mike McGavick, Chief Executive Officer of XL-Group plc., Honorary Dinner Chairman of the 2012 Award Dinner and a member of the School of Risk Management's Board of Overseers.

“I am sincerely honored to be selected for as Insurance Leader of the Year and I recognize only too well how few non-Americans have been honored in the past”, said Nikolaus von Bomhard during his speech at the Award Dinner.

The School of Risk Management was founded in 1901 as the Insurance Society of New York and over the years evolved into The College of Insurance (TCI). Located in New York City’s downtown financial district, SRM awards undergraduate, M.B.A., and M.S. degrees in the insurance, risk management and actuarial science disciplines. Through its Center for Professional Education, SRM also provides education, training and consulting services to the industry, governments and regulators worldwide.