Organizational changes within SWISS Re

27 June 2011 — Mihai CRACEA
Organizational changes within SWISS Re
swissreSWISS Re has finalized the reorganization process of the internal leadership to better adapt to the new company structure. Since May 2011, SWISS Re Ltd is the holding that includes all the other companies within the group.

Head of the group continues to be Stefan LIPPE, as Chief Executive Officer and the CEO of SWISS Reinsurance Company Ltd shall be Christian MUMENTHALER.

The changes have been set by the Management Board, being considered "a step forward in the company's strategy of getting closer to the client, raising capital efficiency as well as organizational transparency", is shown in a press release of the Swiss company.

SWISS Re, the second company in the world ranked by underwritings, has reported a profit hike of 74% for 2010, reaching USD 863 million, in comparison with 2009 when they reported USD 496 million.

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