Zurich Insurance Group announced that Kristof Terryn, currentlyCEO of Global Life, will take over as CEO of General Insurance,effective October 1, 2015. He replaces Mike Kerner, who is steppingdown for personal reasons and will be leaving the company at theend of this year. Kristof Terryn will continue to run the GlobalLife business until a replacement is announced.

Kristof Terryn has been CEO of Global Life since August 2013,and a member of Zurich’s Group Executive Committee since hisappointment to his previous position as Group Head of Operations in2010. He has held a number of senior executive positions, includingCOO for the General Insurance business and, before that, COO ofGlobal Corporate. Prior to joining Zurich in 2004, he had asuccessful career in the financial services industry, initially inbanking where he worked in capital markets, and later with McKinsey& Company’s financial services practice in Brussels andChicago.

“Kristof Terryn has an impressive track-record as a leader.Under his management, our Group Operations team deliveredsignificant improvements and efficiencies and, as our recentresults demonstrate, Global Life continues to execute against itsstrategy and meet its targets. We are very fortunate to havesomebody with his expertise, deep industry knowledge and seniorleadership experience to take over General Insurance,”said Martin Senn, Zurich’s Chief ExecutiveOfficer.

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].