Swiss Re appoints Thomas Witting as head of the Business for Central, Eastern and Northern Europe

21 July 2006, Munich

Swiss Re has appointed Thomas Witting as ordinary Board Member of Swiss Re Germany AG. He will head Swiss Re's business for Central, Eastern and Northern Europe with direct market responsibility for Germany, Nordic and Baltic countries. Thomas Witting, currently Head Underwriting Hub Munich, will assume his new responsibilities as of 1 August 2006.

Thomas Witting (48) started his career with Swiss Re in 1987, holding various positions in Underwriting. 1996 he was Managing Director at Swiss Re Ireland Ltd. Since his return to Munich in September 1998, he has been in charge of client management for the German market. In 2005 he was appointed as Deputy Board Member of Swiss Re Germany AG.

Thomas Witting will succeed Ludger Arnoldussen, who has decided to pursue new career opportunities outside of Swiss Re and who will step down from his market responsibilities and Chief Executive Officer position of Swiss Re Germany AG as of 31 July 2006.

Udo Martinsohn, Head of the Management Unit Austria, Central and Eastern Europe will assume responsibility as Chief Executive Officer of Swiss Re Germany AG in addition to his existing responsibilities as Chief Executive Officer of Swiss Re Germany Holding AG.

Notes to editors

Swiss Re

Swiss Re is the world's leading and most diversified global reinsurer. The company operates through offices in over 30 countries. Founded in Zurich, Switzerland, in 1863, Swiss Re offers financial services products that enable risk-taking essential to enterprise and progress. The company's traditional reinsurance products and related services for property and casualty, as well as the life and health business are complemented by insurance-based corporate finance solutions and supplementary services for comprehensive risk management. Swiss Re is rated "AA-" by Standard & Poor's, "Aa2" by Moody's and "A+" by A.M. Best.

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