Reinsurance News

Munich Re, US promotes Oliver Horbelt to CFO

12th November 2019 - Author: Luke Gallin

Munich Reinsurance America, Inc. (Munich Re, US), the U.S. operations of global reinsurance giant Munich Re, has announced the appointment of Oliver Horbelt as its new Chief Financial Officer, effective November 1st, 2019.

Oliver HorbeltIn his new role, Horbelt will report to Tony Kuczinski, President and Chief Executive Officer (CEO) of Munich Re, US and will also become a member of the U.S. Operations Executive Board.

Horbelt will take oversight of the financial operations for Munich Re’s U.S. businesses, which includes Munich Re, US, Munich Re Specialty Insurance, American Modern Insurance Group, and Hartford Steam Boiler Inspection and Insurance Company.

Commenting on the appointment, Kuczinski said: “I am very excited to bring someone with Oliver’s background, proven leadership, and deep business experience into this role.

“He has been a Munich Re colleague since 2009 and has a deep understanding of the financial services industry, including investment banking, insurance, reinsurance, and structured finance. Oliver’s leadership will allow our Financial Management Reporting group to not only carry out its important accounting and reporting roles, but also embed its strategic and critical thinking into our decision-making in the years to come.”

Since 2015, Horbelt has served as Head of Munich Re, US’ Capital Partners Americas business unit where he has led a team of experts dedicated to supporting clients’ needs when addressing complex risks and capital management challenges.

He initially joined the reinsurer in 2009 as a Senior Executive Manager with responsibility for the company’s global center of competence for retroactive reinsurance. Previously, he has worked as President and CEO of Centre Solutions, Principal at ILS Solutions, Managing Director at Swiss Re, and also as an Analyst at Credit Suisse First Boston.

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