Michael Hinz, who has served as Korean Re Switzerland’s Chief Underwriting Officer since 2021, will assume the Chief Executive Officer (CEO) role on July 1st, 2024.
Korean Re Switzerland is a wholly owned subsidiary of Seoul based reinsurer Korean Re, which secured a FINMA reinsurance license and ‘A’ stable rating by Standard & Poor’s in 2019.
The company’s Board of Directors has approved the leadership transition, which sees Markus Eugster, who has served as CEO since the subsidiary’s inception, step down from the role, but continue to support Korean Re as a strategic advisor and will contribute his knowledge to the further international development of the Group.
As CUO, Hinz has played a key role in shaping the underwriting function and strategy from the launch of Korean Re Switzerland.
Hinz brings vast experience in senior executive underwriting roles and comprehensive expertise in managing reinsurance operations to the CEO role, having started his career in the reinsurance industry in 1993.
“The entire Korean Re Switzerland team looks forward to embarking on this new chapter under Michael Hinz’s leadership, building upon the solid foundation established by Markus Eugster,” said the company.
