Munich Re subsidiary New Reinsurance Company has announced the appointment of Dr Thomas Braune as its Chief Executive Officer.
Braune joined Munich Re in 1992 and was most recently in charge of the reinsurers’ life and health reinsurance business in Europe, Latin America and the Middle East.
He brings over 25 years’ experience in the industry and will assume his new role on October 1.
He succeeds Dr Renate Strasser who, after 16 years with Munich Re, has decided to depart the group.
“We are fortunate to have someone of Thomas Braune’s calibre and experience step up to lead NewRe,” said Claudia Hasse on behalf of Munich Re’s Board of Directors.
“With him we have appointed a strong strategic thinker and communicator who is customer-focused and will vastly drive and strengthen NewRe’s financial performance.”
Commenting on his appointment, Braune said, “I am honoured and excited to be taking on leadership responsibility for NewRe.
“It is a privilege to be part of an organisation that delivers high quality services and innovative solutions to its clients and partners through a dedicated team of experienced professionals.”
