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Hannover Re Announces Appointment of New CEO

Posted on 21 Jan 2009

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Ulrich Wallin, age 54, has been appointed as the new Chief Executive Officer of Hannover Re and E&S Rück, effective July 1, 2009. Mr. Wallin succeeds Wilhelm Zeller, who is retiring at the end of June 2009 at age 65. Mr. Zeller has led the Hannover Re Group for more than 13 years.

Trained as a qualified lawyer, Mr. Wallin has sat on the Executive Boards of Hannover Re and E+S Rück since 2001. He is responsible for the following Central Divisions: Specialty Division, Direct and Facultative, Group Protections and Insurance-linked Securities.

Mr. Wallin embarked on his professional career in 1982 with HDI Haftpflichtverband der Deutschen Industrie V.a.G., Hannover. In 1984 he joined the Foreign Section of E+S Rück, where he built up the portfolio of aviation reinsurance. Prior to his appointment to the Executive Boards of Hannover Re and E+S Rück, Mr. Wallin assumed a range of duties for the Hannover Re Group, most notably in the areas of aviation and marine business as well as worldwide facultative property and casualty business.