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The International Insurance Society on Monday said Nikolaus von Bomhard, Munich Reinsurance Co.’s chairman of the board of management and CEO, is the group’s 2017 Insurance Hall of Fame Laureate.
Mr. von Bomhard will be inducted at the July 3 awards dinner held in conjunction with the IIS Global Insurance Forum, which will take place July 2-5 in London.
The award “honors insurance standouts who have made a broad, encompassing and lasting contribution to the insurance industry and who are recognized by their peers as successful leaders, innovators and visionaries,” the New York-based society said in a statement.
Mr. von Bomard plans to step down as chairman and CEO next year. Joachim Wenning will succeed him as CEO of the reinsurer on April 26.
Munich Reinsurance Co. on Tuesday said Joachim Wenning will succeed Nikolaus von Bomhard as CEO of the reinsurer on April 26, 2017.