Change to the Board of Management
of Munich Re
The Supervisory Board of Munich Re has appointed Dr. Achim Kassow (53) to the Board of Management with effect from 1 May 2020. He will succeed Hermann Pohlchristoph (54), who for personal reasons will not be extending his Board appointment, which expires on 30 April 2020, and will be leaving the company. The Board of Management and the Supervisory Board would like to thank Hermann Pohlchristoph for his seventeen years of commitment to Munich Re.
Kassow will assume responsibility for Asia Pacific and Africa as well as for the central divisions Central Procurement and Services. He has been with Munich Re Group since 2016 and is currently Chairman of the Board of Management of ERGO Deutschland AG in Düsseldorf. He will be succeeded in this function by Theodoros Kokkalas (55), who is currently CEO of ERGO Greece.
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season and the California wildfires in 2018. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyberattacks, or pandemics. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of Munich Re. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.