The US branch of global reinsurer Munich Re has announced the retirement of Anthony J. Kuczinski as Chief Executive Officer (CEO) of Munich Re US P&C Companies and of Munich Re US Holding Inc.
Kuczinski’s retirement will come into effect on December 31, 2022, with an agreed change in role to Strategic Advisor effective January 1, 2023 to ensure a smooth transition in 2023.
Since 2008, Kuczinski has been responsible for Munich Re US P&C Companies’ property and casualty reinsurance and specialty insurance businesses in the United States. This includes Munich Reinsurance America, Inc., Hartford Steam Boiler Group, Inc., American Modern Insurance Group, Inc., and Munich Re Specialty Insurance.
Over the course of his 33-year tenure at Munich Re, Kuczinski has served in a wide variety of key leadership positions, including President of the Specialty Markets division of Munich Reinsurance America, and President of American Alternative Insurance Corporation and The Princeton Excess and Surplus Lines Insurance Company.
In addition, Kuczinski also previously served as project leader of Munich Re’s US Strategy Project, where he was an architect of the group’s strategy for long-term profitable growth within the US.
Addressing Kuczinski’s retirement, Stefan Golling, member of the Munich Re Board of Management, said: “For more than three decades, Tony’s passion for our business and commitment to our clients and partners have been instrumental in the success of not only our US operations, but also our global organization.
“Throughout his career, Tony has led with empathy and integrity, and we thank him for his countless contributions to Munich Re.”
Munich Re has confirmed that there will be no direct successor to Kuczinski. His retirement will be accompanied by an organizational restructuring.
Significant parts of Kuczinski’s area of responsibility will be transferred to the company’s new Board of Management division: Global Specialty Insurance (GSI).
The new division will be led by Michael Kerner, who currently serves as CEO of Munich Re Specialty Insurance in North America, who was newly appointed to Munich Re’s Board of Management by the Supervisory Board effective January 1, 2023.
Munich Reinsurance America, led by its CEO and President Marcus Winter, will report as a unit to Stefan Golling, responsible for Global Clients and North America in Munich Re’s Board of Management.
