Munich Reinsurance America Inc. said Tuesday that M. Steven Levy will retire as president and CEO of Munich Re US, effective April 1, and be succeeded by Marcus Winter.
Mr. Levy has served as president and CEO of Munich Re US since 2014 and as a member of its property/casualty executive board since 2008.
Mr. Winter, currently head of reinsurance development for Munich Re, will be based in Princeton, New Jersey, and report to Anthony J. Kuczinski, CEO of Munich Re US Holding.
Switzerland-based New Reinsurance Co. Ltd., a subsidiary of Munich Reinsurance Co., has appointed Thomas Braune as chief executive, effective Oct. 1, Artemis reports. Mr. Braune will join NewRe from Munich Re, where he is heading the life and health reinsurance business across Europe, Latin America and the Middle East.