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Munich Re names new CEO for Canada

Munich Re names new CEO for Canada | Insurance coverage Enterprise America

He may even lead the reinsurer’s company affiliate

Munich Re names new CEO for Canada


Kenneth Araullo

Munich Re has introduced Klaus Wilkens (pictured) as the brand new president and CEO for Munich Reinsurance Firm of Canada and Temple Insurance coverage Firm, the reinsurer’s company affiliate within the nation.

Wilkens, a seasoned skilled with in depth expertise within the insurance coverage and reinsurance trade, first joined Munich Re in 1995, embarking on a profession that started within the casualty facultative underwriting division.

Wilkens’ profession trajectory at Munich Re took him throughout the globe, together with a big tenure with Munich Re of Africa beginning in 2000, earlier than he returned to Munich to function senior underwriter, specializing in personalized reinsurance options.

In 2008, he superior to the place of shopper administration government, overseeing the shopper administration workforce liable for the non-life reinsurance enterprise in a number of key markets, together with the UK, Eire, the Netherlands, and the Nordic nations.

In his new function, Wilkens will oversee the operations of Munich Reinsurance Firm’s non-life enterprise in Canada.

With the Canadian reinsurance and insurance coverage market dealing with quite a few challenges, Munich Re famous that Wilkens is poised to steer the corporate’s efforts in figuring out and capitalizing on new enterprise alternatives.

Munich Re touted Wilkens’ sturdy management capabilities and market-facing strengths, together with folks management abilities, and technical underwriting experience. His tenure at Munich Re has additionally been marked by sustainable relationships with purchasers and brokers, it mentioned.

Wilkens’ promotion follows one other high-profile appointment for the reinsurer. In early March, the agency’s well being arm – Munich Re HealthTech (MRHT) – named Bilal Ramadan as its chief government officer.

Elsewhere within the firm, Munich Re EVP and marine underwriting North America head Sean Dalton was just lately elected because the new chairman for the Nationwide Cargo Bureau’s (NCB) board of administrators.

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