6 July 2017News

Munich Re unveils senior promotions in US

Munich Re US Life has promoted Michael Taht to executive vice president of research, analytics and underwriting, and Marc-André Giguère to executive vice president, reinsurance.

In his new role, Taht will oversee all biometric research and integrated analytics efforts. He will continue to oversee underwriting and will be based out of the company’s Atlanta, Georgia office.

As executive vice president of reinsurance, Giguère assumes leadership of marketing, pricing and inforce management for the US individual life, living benefits and group reinsurance lines of business. He will have bottom line accountability for all lines of business and ownership of delivering Munich Re’s service offering to the US life customers. He will be based in the company’s newly expanded New York City office.

Giguère joined Munich Re in Canada in 2015 and previously worked in the US for 20 years with Ernst & Young and Towers Perrin.

Taht joined Munich Re in 2008 and has been responsible for marketing and pricing for both the individual life and living benefits lines of business as well as the underwriting and medical department.

Prior to joining Munich Re, he was a principal with Towers Perrin, an international actuarial consulting firm, where he focused on issues such as securitization of individual life business, mortality issues, and appraisals of both life reinsurance and life insurance companies.

Michael DeKoning, president and CEO of Munich Re US Life, said: "Munich Re is embracing industry disruption and working with our clients to drive the future of the life insurance industry. Mike and Marc’s deep experience and knowledge of the market is a tremendous asset to our clients and their teams are strongly positioned to provide exceptional technical expertise, consistent risk management, financial stability to our customers."

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