Swiss Re CEO Mumenthaler to Step Down After 25 Years at the Firm

Swiss Re AG Chief Executive Officer Christian Mumenthaler is stepping down after a quarter of a century at the world’s second-largest re-insurer.

Mumenthaler, 54, who spent the last eight years in charge of the Zurich-based company, will stay on until July 1, according to a statement on Wednesday. The firm has appointed Andreas Berger to take over as Group CEO.

Berger, 57, joined Swiss Re in March 2019 as head of the corporate solutions unit and member of the executive committee. Before that, he held leadership positions at Boston Consulting Group Inc, and Allianz SE.

Christian Mumenthaler

Photographer: Lionel Ng/Bloomberg

“It has been a ...