Munich Re hires North American Life CFO
Munich Re has appointed Simon Curtis as chief financial officer for its North American Life business. He replaces Doug Tozer who will retire in the spring of 2014 after more than 20 years as CFO and appointed actuary in Canada.
He joins with more than 30 years of experience from a variety of roles at Manulife and most recently Deloitte, where he was a partner in the Assurance & Advisory practice. In his new role as CFO, Curtis will be responsible for providing oversight, best practices and harmonisation of financial practices for North America, as well as all financial aspects of Munich Re Canada (Life).
“Mr. Curtis is a well-known and respected leader within the actuarial community and greater financial services sector,” said Mary Forrest, head of North American Life for Munich Re. “We welcome the expertise and deep industry knowledge that he will bring to our organization and the resulting benefit this will create for our clients.”
Tozer said: “Munich Re is known for its strong technical talent and knowledge across all lines of life and health insurance. The addition of Simon to the role of North American CFO underscores our commitment to providing innovative solutions and the best technical expertise in the Life Reinsurance industry.”
In Canada, Munich Re (Life Branch) is a market leader in life and health reinsurance with premiums volumes of C$10 billion. The branch operates from offices in Toronto and Montreal.
