Change in Munich Re’s Board of Management

2022/10/20

Group

The Supervisory Board of Munich Re has appointed Dr. Thomas Blunck (aged 57) as the Chair of the Reinsurance Committee of the Group’s Board of Management with effect from 1 January 2023. He will succeed Dr. Torsten Jeworrek (61), who will step down from the Board of Management of Munich Re on 31 December 2022 at his own request. The Supervisory Board has also appointed Clarisse Kopff (49), with effect from 1 December 2022, and Mari-Lizette Malherbe (38), with effect from 1 January 2023, as new members of the Board of Management. Clarisse Kopff will head the Europe and Latin America Non-life division. Mari-Lizette Malherbe will take over responsibility for the Life and Health division from Thomas Blunck. “Torsten Jeworrek’s contribution to our company has been extraordinary. I very much look forward to working closely with Mari-Lizette Malherbe, Clarisse Kopff and Thomas Blunck in their new roles,” said CEO Dr. Joachim Wenning.

Blunck joined the Board of Management in 2005. In addition to becoming the Chair of the Reinsurance Committee, he will also chair the Global Underwriting and Risk Committee. On the Board of Management, he will also be responsible for Data and Analytics, Internet of Things, Corporate Underwriting, Claims, Accounting, Reinsurance Development, Controlling and Central Reserving for Reinsurance, and Information Technology. Stefan Golling will take responsibility for Capital Partners on the Board of Management.

Originally from France, Clarisse Kopff has been with the Allianz Group for the past 21 years. She is currently based in Paris, where she works as Allianz Trade’s Chief Executive Officer. She was previously CFO at Allianz France and Euler Hermes.

South African-born Mari-Lizette Malherbe has been with Munich Re since 2007, and to date headed the Life and Health Reinsurance Europe and Latin America divisional unit from London.

Torsten Jeworrek has been with the company for a total of 32 years and has been a member of the Board of Management for two decades. The Board of Management and the Supervisory Board would like to thank him for his many years of outstanding service at Munich Re.

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 asset manager 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 through Hurricane Ida in 2021. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies or cyber risks. 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.

Disclaimer
This media 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 of our Company, in particular the results, financial situation and performance. The Company assumes no liability to update these forward-looking statement or to make them conform to future events or developments.