London, UK (May 14, 2019) – The Boards of Directors of Munich Reinsurance Company of Canada (MRoC) and Temple Insurance Company (Temple) are pleased to announce the appointment of Claus-Ulrich Kroll as President and Chief Executive Officer of both MRoC and Temple. He has also been appointed to the Board of Directors for both companies.
Claus has acquired over 17 years’ experience in the global reinsurance and insurance markets. He joined Munich Reinsurance Company in 2008, in the Corporate Strategy Department, where he played a key role in developing and piloting strategic and transformational projects for the entire group. He went on to hold various positions of increasing responsibility within the Munich Re Group. Before transferring to Canada, Claus was the Head of a Divisional Unit, with responsibility for Global Aviation and Space business, as well as the subsidiaries Munich Re of Malta plc, Great Lakes Insurance SE and New Reinsurance Company Ltd. Claus has served on numerous Boards of Directors of insurance and reinsurance companies in Germany, United Kingdom, Switzerland and Malta.
Claus-Ulrich Kroll, CEO, Munich Re Canada
In his new role, Claus will be responsible for the operation of all of Munich Reinsurance Company’s non-life business in Canada. He is a strong proponent of business innovation, and will be making strategic use of the wide-ranging expertise offered within the global reach of Munich Reinsurance Company to provide the best possible service and support. Claus is looking forward to continuing the collaborative and supportive partnership that MRoC and Temple have developed with our Canadian clients.
About Munich Re
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake through to the 2017 Atlantic hurricane season and to the California wildfires in 2018. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyberattacks, or pandemics. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals. For more information, visit www.munichre.com.
SOURCE: Munich Re
Tags: Munich Re
