Swiss Re announced that Andreas BERGER, currently Chief Regions & Markets Officer and a Board Member of the Management of Allianz Global Corporate & Specialty SE, will be appointed Corporate Solutions CEO and member of the executive committee effective April 1 2019.

He succeeds Agostino GALVAGNI, who has decided to step down from Swiss Re at the end of 2018. He will remain available as advisor to Swiss Re during the transition period. Agostino GALVAGNI has worked for Swiss Re for more than 30 years, holding various leadership roles. In 2009, he was appointed Chief Operating Officer and member of the executive committee. He became the Corporate Solutions CEO in October 2010, where he has been instrumental in growing Swiss Re's commercial insurance business and expanding its global presence with a network structure now extending to over 80 countries.

Andreas BERGER joins Swiss Re with more than 20 years of experience in the insurance industry. Most recently, he has served as Chief Regions & Markets Officer and a member of the Board of Management of Allianz Global Corporate & Specialty SE, with a focus on growing the business in Germany, Central & Eastern Europe, the Mediterranean and Africa. Prior to that role, Andreas BERGER held various leadership positions at Allianz Group, including Chief Executive Officer, Regional Unit London between 2009-2011, and Global Head of Market Management & Communication from 2006-2009.

Swiss Re Chairman, Walter B. KIELHOLZ, said: "We regret Agostino GALVAGNI's decision to step down, and I would like to thank him on behalf of the Swiss Re Board of Directors for his substantial contribution to Swiss Re throughout the years. Under his leadership, Corporate Solutions has grown significantly and evolved into a fully-fledged commercial insurer with global presence. Thanks to its recent entrance into the primary lead market-segment, Corporate Solutions is also ideally placed for further growth. We will miss Agostino's experience and drive and wish him all the best for the future." He continued: "With Andreas BERGER's appointment, we are pleased to have attracted a very capable candidate with a strong track record in the insurance industry to continue leading our Corporate Solutions' business and further improve its international business capabilities."