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20 October 2022Insurance

Munich Re reshuffles management board on Jeworrek departure

Munich Re will reshuffle its board on account of a pending departure by veteran Torsten Jeworrek, shifting a long-standing insider to Jeworrek’s reinsurance committee leadership and promoting two insiders to top posts for P&C and Life & Health.

Long-standing board member Thomas Blunck (Pictured) becomes chair of the reinsurance committee from the beginning of 2023 and will hand over his current post as chief of life & health.

Blunck’s job will stretch much further:  he will also chair the global underwriting and risk committee and take the board reins for data and analytics, the internet of things, corporate underwriting, claims, accounting, reinsurance development, controlling and central reserving for reinsurance, and information technology, Munich Re enumerated.

Mari-Lizette Malherbe, a 15-year Munich Re veteran currently leading the life & health reinsurance operations for Europe and Latin America from London, will joint eh board and take over global life & health from Blunck.

Clarisse Kopff, a 21-year Munich Re vet including at her current post in Paris as Allianz Trade’s CEO, will head the Europe and Latin America Non-life division.

Jeworrek will leave at year-end at his own request after a 32-year run including two decades in the board room, Munich Re said.

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