NewRe, a wholly owned subsidiary of Munich Re, has announced the appointment of Dirk Herrenpoth as the new Chief Underwriting Officer (CUO) for its non-life business.
Effective from July 1, 2020, he will take over the position from Artur Klinger, who is leaving NewRe after 12 years to become Head of Continental Europe at Everest Re.
Herrenpoth has more than 25 years in the industry, and has held a number of management functions during his nearly 20 years with the Munich Re Group.
Most recently, he was based in London as Head of Great Lakes UK Branch in co-function with leading Munich Re’s facultative and corporate business in the UK.
“I am very pleased to welcome Dirk to the company,” said Renate Strasser, CEO of NewRe.
“Having a CUO with the breadth and depth of Dirk’s industry experience is great news for NewRe,” she added. “This, combined with his personal drive and motivation, will greatly support the achievement of our strategic plans and makes him an ideal leader for the Property & Casualty business”.
Herrenpoth also commented: “I am really excited to be taking on profit responsibility for a significant reinsurance player. I look forward to joining the NewRe leadership team and building on the great foundation and growth potential the business clearly demonstrates.”