Hannover Re appoints new member of the Executive Board

11 August 2010 Hannover Re
Dr. Klaus Miller

Dr. Klaus Miller

The Supervisory Boards of Hannover Rückversicherung AG and E+S Rückversicherung AG have appointed Dr. Klaus Miller as a full member of the Executive Board with effect from 1 September 2010.

In concert with Dr. Wolf Becke, Dr. Miller will lead the life and health reinsurance business group of the Hannover Re Group (Hannover Life Re), assuming market responsibility for Northern and Central Europe. The scope of his Board responsibility will also encompass the vigorously growing business of longevity solutions worldwide as well as a number of cross-sectional tasks for Hannover Life Re, including for example central actuarial functions.

"With Dr. Miller's appointment I am delighted that we have been able to recruit an accomplished and actuarially oriented life reinsurance expert who knows the business from a variety of perspectives and organisations", Ulrich Wallin, Chief Executive Officer of Hannover Re, emphasised.

Dr. Miller (50) read mathematics with a minor in economics, earning his doctorate in 1990 from the University of Bochum. He began his professional career with Bayerische Rückversicherung (Swiss Re Germany), rising to Divisional Manager for Service in life and health business. After serving as a Managing Director with Gerling-Konzern Globale Rückversicherung, a member of the Executive Board with Revios and Chief Risk Officer at Scor Global Life SE, he joined Commerzbank in 2008. Here he was responsible most recently for the area of Structured Insurance Solutions.

Dr. Miller's professional career bears witness to both his experience with capital market-oriented products for life/health reinsurance and his expertise in relation to risk management.

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