Munich Reinsurance America Inc. has announced that Anthony J. Kuczinski will take over as chairman and chief executive officer Jan. 1, 2008.
Mr. Kuczinski will succeed John P. Phelan, who is set to retire on Dec. 31 after six years of service as chairman and CEO of Munich.
Mr. Kuczinski previously held the position of president of Munich Re America's specialty markets division. According to the company, his division continually increased its contributions to the value of the group's operations.
Dr. Nikolaus von Bomhard, chief executive officer of Munich Re, said Mr. Kuczinski's appointment “signals the continuation of our profit-oriented focus at Munich Re America and our commitment to the U.S. market.”
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