Munich Re Chief Executive to Step Down at End of 2003
Munich Re recently announced its chief executive, Hans-Juergen Schinzler, will step down at the end of 2003 and be replaced by board member Nikolaus von Bomhard, according to the Associated Press.
Schinzler resignation is at his own accord, as part of a long-term strategy for the organization. He has served with Munich Re for 35 years, with 11 years as chief executive.
Von Bomhard presently handles regional divisions covering northern, western and southern Europe and Latin America. He has been with the company since 1985.
Popular Today
- Beyond the Claim: How Social Canvassing is Transforming Insurance Fraud Detection
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- 2024 Wildfire Forecast Calls for ‘Below Average’ Season
- Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
Popular This Month
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair
- Mother of 8-Year-Old ‘Violently Sucked’ into Houston Hotel Pool Files Wrongful Death Suit
- CoreLogic Report Probes Evolving Severe Convective Storm Risk Landscape
- Property Restoration Industry: A Culture in Need of Repair?