Change in Munich Re’s Board of Management

10/21/2026

Group

The Supervisory Board of Munich Reinsurance Company has transferred responsibility for P&C Reinsurance Europe & Latin America, effective 1 November 2026, to Thomas Blunck (61). Mr. Blunck will continue in his function as CEO of Reinsurance. He will take over this responsibility from Clarisse Kopff (53) who, following a successful four-year term, will by mutual agreement step down from the Board of Management of Munich Reinsurance Company at the end of the day on 31 October 2026. Ms. Kopff will not be succeeded on Munich Re’s Board of Management.

The Board of Management and the Supervisory Board of Munich Re thank Ms. Kopff for her great commitment and service to the Company and wish her all the best for the future.

Further information

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. Munich Re leverages its strengths to promote its clients’ business interests and technological progress. Moreover, Munich Re develops covers for new risks such as rocket launches, renewable energies, cyber risks and artificial intelligence. In the 2025 financial year, Munich Re generated insurance revenue of €60.4bn and a net result of €6.1bn. The Munich Re Group employed about 44,000 people worldwide as at 31 December 2025.

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. Munich Re assumes no liability to update these forward-looking statements or to conform them to future events or developments..