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People: Muenchener Rueckversicherungs Gesellschaft AG in Muenchen (MUVGn.DE)

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13 Sep 2019
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Wenning, Joachim 

Dr. Joachim Wenning is Chief Executive Officer, Member of the Management Board at Muenchener Rueckversicherungs Gesellschaft AG effective April 27, 2017. He was Member of the Management Board at the Company in Muenchen from January 1, 2009 to April 27, 2017. He is responsible for the Life division. In addition, he acts as Member of the Reinsurance Committee of the Company. After obtaining a degree in Economics at Ludwig-Maximilians-Universitaet Muenchen (the University of Munich), he joined the Company in 1991, where he worked as a treaty specialist with technical responsibility for life reinsurance clients in Germany until early 1997. Parallel to this, Dr. Wenning wrote his doctoral thesis, for which he was awarded the degree of Dr. oec. publ. in 1995. At the beginning of 1997, Dr. Wenning transferred to the Group company Hamburg-Mannheimer Versicherungs-AG in Hamburg for two-and-a-half years, during which he implemented a number of strategic projects aimed at realigning marketing and sales. Following his return from Hamburg, Dr. Wenning headed the department "Life Reinsurance Latin America, Southern Europe and the Middle East" from mid-2000 onwards, where he was responsible for life reinsurance business in these countries. Following his appointment in May 2005 to the position of Chief executive Officer (CEO) of New Re, Geneva, Dr. Wenning became responsible for the company's strategic development, with an expanded mandate for financial solutions in life and health reinsurance and for financial institutions business, and oversaw the establishment of New Re Bermuda and Zurich.

Basic Compensation

Total Annual Compensation, EUR 2,016,050
Restricted Stock Award, EUR --
Long-Term Incentive Plans, EUR --
All Other, EUR 1,017,670
Fiscal Year Total, EUR 3,033,720

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --