Global reinsurance giant Swiss Re has announced the appointment of Mathias Jungen as Head of Reinsurance for Brazil and the Southern Cone, and that he will act as President of Swiss Re Brasil Resseguros S.A., succeeding Margo Black.
Jungen joined Swiss Re in 2006 and has held a number of roles in both Switzerland and the U.S., before recently relocating to Sao Paulo, Brazil. In his new role he will report to Urs Baertschi, President of Reinsurance Latin America, Swiss Re.
His appointment to President of Swiss Re in Brazil remains subject to the relevant regulatory filing and related approvals.
Commenting on the appointment, Baertschi said; “Mathias and the team will continue to strengthen Swiss Re’s business relationships with our customers and other stakeholders in the southern cone region, reinforce Swiss Re’s commitment to Latin America, and maintain Swiss Re’s focus on making the world more resilient.”
About Swiss Re
The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend. Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of over 60 offices globally and is rated “AA-” by Standard & Poor’s, “A1” by Moody’s and “A+” by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed on the SIX Swiss Exchange and trade under the symbol SREN. For more information about Swiss Re Group, please visit: www.swissre.com