Berger: Leading Swiss Re Toward a More Efficient and Profitable Future
Andreas Berger has been named CEO of Swiss Re, following the departure of Christian Mumenthaler. Berger is credited with turning around the Corporate Solutions (Corso) business unit, where he served as head since March 2019. His success with Corso has made him a beacon of hope for Swiss Re as a whole, which some consider to be somewhat sedate and not profit-oriented enough.
Berger’s approach to Corso included disciplined risk assumption, cost management, and sustained price increases, which are expected to make the entire Swiss Re group more efficient and profitable. His track record at Corso has shown his ability to implement necessary changes and achieve results. After a challenging year in 2019, where he realigned the division and made it profitable, Corso under Berger’s leadership generated significant profits and improved its combined ratio.
Berger’s international background and experience in the insurance industry have shaped his leadership style. He is viewed as a customer-oriented doer who values teamwork and transparency. His diverse career path, which includes positions in various countries and global responsibilities, has prepared him for the challenges of leading a global reinsurance company.
Berger’s personal background, which includes experiences with change and uncertainty due to geopolitical events and natural disasters, has influenced his commitment to increasing resilience and closing insurance gaps. This drive to make a positive impact through his work is one of the reasons he chose to work for Swiss Re.
The appointment of Berger as CEO represents a new chapter for Swiss Re, with expectations high for his leadership and vision to continue the company’s success and growth.
