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Eugster joins Converium's p/c operations


ZUG, Switzerland—Jakob Eugster has been appointed leader of Converium Holding Ltd.'s standard property and casualty business, replacing Frank Schaar who will leave the company.

Mr. Eugster most recently was managing director of Benfield Germany, a unit of Benfield Group Ltd., in Munich.

In addition, Benjamin Gentsch, currently executive vice president of specialty lines, will also assume responsibility for the company's life and health business.

Mr. Gentsch replaces Christoph Ludemann, who will leave the company, Converium said.