Posted on 04 Apr 2013 by Neilson
The president of Munich Reinsurance America Inc.'s specialty markets division, Craig Smiddy, will resign his position, announced Tony Kuczinski, president of Munich Re America President.
Mr. Smiddy worked for Munich Re for 15 years, the last five of which he served as president of specialty markets.
"After achieving these personal milestones with Munich Re, I came to the difficult decision that my future career aspirations will best be realized by spending the next 15 years of my career working in another capacity," said Mr. Smiddy in the statement.
"No successor has yet been named, however Smiddy will work with Munich Re America management over the coming months to transition his responsibilities," Munich Re said in the statement.