Thorsten Steinmann joins from Swiss Re, where he was most recently responsible for the reinsurance business in Germany, the Nordics, Austria, Central and Eastern Europe, the Netherlands, and Switzerland
Hannover:
The Supervisory Boards of Hannover Rück SE and E+S Rückversicherung AG have appointed Thorsten Steinmann (51) as a member of the executive board of Hannover Re and E+S Rück effective 1 September 2024.
He will succeed Michael Pickel (63), who will retire on 31 December 2024 after 25 successful years at Hannover Re.
Thorsten Steinmann joins from Swiss Re, where he was most recently responsible for the reinsurance business in Germany, the Nordics, Austria, Central and Eastern Europe, the Netherlands, and Switzerland.
Following a transition period, he will head E+S Rück, the Hannover Re subsidiary responsible for the Group’s German business, as Chief Executive Officer effective 1 January 2025, and will be responsible for yet to be determined markets in continental Europe at Hannover Re.
“In Thorsten Steinmann, we have been able to appoint an accomplished executive with a highly successful track record in both the insurance and reinsurance industry. I wish him every success in his new role “Thorsten Steinmann is a strong successor to Michael Pickel, who has contributed to the success of both Hannover Re and E+S Rück with great leadership and outstanding dedication over more than two decades. ” Torsten Leue, Chairman of the Supervisory Board of Hannover Re and E+S Rück.
“Thorsten Steinmann is a highly experienced professional with extensive reinsurance expertise in Europe and beyond and is recognised for his skills in risk and capital management as well as property and casualty underwriting,” said Jean-Jacques Henchoz, Chief Executive Officer of Hannover Re.
Thorsten Steinmann has 30 years of experience in the insurance and reinsurance industry.
He joined Swiss Re in 2006 as part of the integration of GE Insurance Solutions. After holding various international leadership positions at Swiss Re, he was given responsibility for Swiss Re’s reinsurance business Northern, Central and Eastern Europe in 2023 and was also appointed head of Swiss Re’s German branch in the same year.