Munich Re leader named CEO of US reinsurer Converge

Converge US, Lightstone’s Puerto Rico domiciled life and annuity reinsurance company, has hired its new chief executive officer (CEO) from Munich Re.

Ari Lindner (pictured) will be responsible for helping Converge manage and grow its reinsurance portfolio and invested asset base to generate long-term income via creative and customised reinsurance solutions.

Lindner is a seasoned reinsurance executive and fully qualified actuary. Prior to joining Lightstone, he served in various senior leadership roles, including as senior vice president of the North American arm of Munich Re Markets, where he led the development and growth of customised life and annuity reinsurance transactions.

Lindner previously spent 15 years at ACE Group where he was primarily responsible for building and leading their life reinsurance companies in Bermuda and the US.

“With his vast industry experience and proven track record of successfully capitalising and building reinsurance companies from the ground-up, Ari will be well positioned to make an immediate impact,” said Mitchell Hochberg, chairman of the board of directors of Converge Re. “We look forward to Ari’s leadership and Converge’s continued growth.”

Lindner commented: “Lightstone’s unique value proposition has empowered it to become a recognised leader in real estate development and I have admired the company and its strategic investments for years. I am thrilled to be a part of expanding Converge’s footprint and fully realising its potential in the life and annuity reinsurance space.”

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