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Munich Reinsurance America Inc. announced the retirement of Anthony J. Kuczinski as chief executive officer of Munich Re U.S. P&C Companies and of Munich Re U.S. Holding Inc., effective Dec. 31, 2022, with an agreed change in role to strategic advisor effective Jan. 1, 2023, to ensure a smooth transition.

Since 2008, Kuczinski has been responsible for Munich Re U.S. P&C Companies’ property/casualty reinsurance and specialty insurance businesses in the United States, which includes Munich Reinsurance America, Hartford Steam Boiler Group, American Modern Insurance Group and Munich Re Specialty Insurance.

During his 33-year tenure at Munich Re, Kuczinski has held a 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.

Munich Re said it will not be appointing a direct successor to Kuczinski but instead will undergo an organizational restructuring. Significant parts of Kuczinski’s area of responsibility will be transferred to a new Board of Management division: Global Specialty Insurance (GSI), which will be headed by Michael Kerner, currently CEO of Munich Re Specialty Insurance in North America. Kerner was newly appointed to Munich Re’s Board of Management by the Supervisory Board effective Jan. 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.

Source: Munich Re