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Agostino Galvagni (left) and Andreas Berger, the new CEO of Swiss Re Corporate Solutions
24 September 2018Insurance

Swiss Re replaces Corporate Solutions CEO with Allianz executive

Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions.

Berger has been appointed new Swiss Re CEO corporate solutions and member of the group executive committee with effect from April 2019. Most recently, he has served as chief regions & markets officer and a member of the board of management of Allianz Global Corporate & Specialty, with a focus on growing the business in the regions of Germany and Central & Eastern Europe, Mediterranean and Africa.

“With Andreas Berger's appointment, we are pleased to have attracted a very capable candidate with a strong track record in the insurance industry to continue leading our Corporate Solutions' business and further improve its international business capabilities,” said Walter Kielholz, Swiss Re chairman.

Berger is replacing Agostino Galvagni who is stepping down from the reinsurer at the end of 2018.

Galvagni has worked for Swiss Re for more than 30 years, holding various leadership roles. In 2009, he was appointed chief operating officer and member of the group executive committee. He became CEO Corporate Solutions in October 2010 and will remain available as advisor to Swiss Re during the transition period.

“We regret Agostino Galvagni's decision to step down, and I would like to thank him on behalf of the Swiss Re Board of Directors for his substantial contribution to Swiss Re throughout the years," Swiss Re chairman, Walter Kielholz, commented. "Under his leadership, Corporate Solutions has grown significantly and evolved into a fully-fledged commercial insurer with global presence. Thanks to its recent entrance into the primary lead market-segment, Corporate Solutions is also ideally placed for further growth. We will miss Agostino's experience and drive and wish him all the best for the future.”

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