6 October 2014

Munich Re America appoints CFO

Munich Re America, Munich Re’s US property and casualty reinsurance subsidiary, has appointed Richard Olsen, currently head of central reserving at Munich Re, as chief financial officer.

He succeeds Steven Levy, who was recently appointed president of Munich Reinsurance America’s reinsurance division.

He will also have regional responsibility for financial management, information technology and enterprise risk management.

Olsen will report to Munich Reinsurance America president and chief executive officer Tony Kuczinski.

As head of central reserving at Munich Re, Olsen is responsible for property/casualty loss reserving across the Munich Re group. Before joining Munich Re in 2009, he spent 21 years with General Re, most recently as senior vice president & actuary for Cologne Re.

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