Munich Re US boss Anthony Kuczinski steps down from function

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Munich Reinsurance America (Munich Re US) has bid farewell to Anthony Kuczinski, chief government officer (CEO) of Munich Re US P&C Companies and Munich Re US Holding Inc., who will retire on the finish of the yr.

Since 2008, Kuczinski has been liable for Munich Re US P&C Companies’ property and casualty reinsurance and specialty insurance coverage companies within the US, together with Munich Re US, Inc., Hartford Steam Boiler Group, Inc., American Modern Insurance Group, Inc., and Munich Re Specialty Insurance.

For 33 years, Kuczinski has held varied key management roles, together with president of the specialty markets division of Munich Re US and president of American Alternative Insurance Corporation and The Princeton Excess and Surplus Lines Insurance Company. He additionally served as challenge chief of Munich Re’s US Strategy Project, the place he was an architect of the group’s technique for long-term worthwhile development within the US.

“For greater than three many years, Tony’s ardour for our enterprise and dedication to our purchasers and companions have been instrumental within the success of not solely our US operations but in addition our international group,” stated Stefan Golling, member of the Munich Re board of administration. “Throughout his profession, Tony has led with empathy and integrity, and we thank him for his numerous contributions to Munich Re.”

Kuczinski will step down from his function on December 31, 2022 – with an agreed change in function to strategic advisor, efficient January 1, 2023, to make sure a easy transition. He won’t have a direct successor; as an alternative, his retirement will likely be accompanied by an organizational structuring.

Specifically, vital elements of Kuczinski’s space of duty will likely be transferred to a brand new board of administration division:

  • Global Specialty Insurance (GSI), to be led by Michael Kerner, at present CEO of Munich Re Specialty Insurance in North America, who was newly appointed to Munich Re’s board of administration by the supervisory board, efficient January 01, 2023; and
  • Munich Reinsurance America, led by its CEO and president Marcus Winter, will report as a unit to Stefan Golling, liable for international purchasers and North America in Munich Re’s board of administration.

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