Briefly…New CEO for Swiss Re

Swiss Re has tapped its deputy chief to lead the company through the current economic climate.

Stefan Lippe will take the reins at the reinsurer February 18. Outgoing CEO Jacques Aigrain resigned last week, noting that “the interests of Swiss Re are best served by a change in leadership.” Lippe has served as the company’s deputy chief executive officer and chief operating officer, and has been a member of the executive board since 1995. “Our core re/insurance portfolio is sound,” Lippe noted in a company statement, adding that the company is now focused on meeting clients’ needs and creating shareholder value.

This story was originally published by Canadian Insurance Top Broker.