VIG Re has appointed Markus Schmid as new Head of Department Facultative as of 1 September 2021. 

Markus Schmid joins VIG Re from the Munich Re Group, where he held various underwriting positions both on the direct and treaty side in Munich, New York and Zurich. 

Based in Prague, Markus is set to lead the overall strategic direction of VIG Re?s Facultative Underwriting. He reports to Stephan Wirz, member of the Board of Directors, responsible for assumed Property & Casualty as well as Life & Health reinsurance business.

Stephan Wirz comments, "Markus brings a broad and in-depth underwriting experience from various markets to the VIG Re underwriting team. We count on his professional expertise and passion to support the expansion of the Company's facultative footprint across our markets."

"I am very excited to join a dynamic, growing reinsurer and to have the opportunity to shape VIG Re?s facultative book across our European offices in Prague, Frankfurt and Paris," adds Markus Schmid.