Swiss Re's Group Chief Underwriting Officer Thierry Léger to step down

Swiss Re's Group Chief Underwriting Officer Thierry Léger is stepping down as member of the Group Executive Committee and from the role as Group CUO with immediate effect to pursue a role outside the company.

Group Chief Executive Officer Christian Mumenthaler said: "Over the past 25 years with Swiss Re, Thierry made great contributions to many parts of our business, from Reinsurance to former Life Capital Business Unit, to Group Underwriting. Since his appointment as Group CUO in 2020, he has successfully evolved our underwriting capabilities through utilising cutting-edge research, access to more and better data and analytics. On behalf of the entire Group Executive Committee, I would like to thank Thierry for his dedication and commitment to Swiss Re and wish him all the success for the future."

Group Chief Executive Officer Christian Mumenthaler will take over Thierry Léger's responsibilities ad interim.

The Swiss Re Group is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.

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