Munich Re’s Thomas Blunck appointed chair of Insurance Europe’s RAB

Written by Michael Griffiths

17/09/2025

CEO of the Reinsurance Group at Munich Re, Thomas Blunck, has been appointed as the chair of Insurance Europe’s Reinsurance Advisory Board (RAB).

Hannover Re CEO, Clemens Jungsthöfel, has also been appointed as vice-chair for the 2025/26 period.

Insurance Europe’s RAB works to promote regulatory frameworks that support a stable and competitive reinsurance market and enable efficient global risk transfer through both traditional reinsurance and insurance-linked capital solutions.

The RAB is represented at chair and CEO level by seven of the world’s largest reinsurers; Gen Re, Hannover Re, Lloyd’s, Munich Re, PartnerRe, SCOR, and Swiss Re.

SCOR’s Thierry Léger and Lloyd’s Patrick Tiernan will continue their membership of the RAB, following the transition of their roles to Blunck and Jungsthöfel, respectively.

Blunck, who has been a member of the board of management at Munich Re for 20 years, said: “I look forward to serving as the RAB's chair and would like to express my gratitude to Thierry and Patrick for their leadership in recent times.

“Together, with Clemens and my fellow RAB members, we will continue to advocate for open global markets and raise awareness about our vital role in safeguarding societies.”

Jungsthöfel assumed the role of CEO at Hannover Re in April this year, having served as CFO and as a member of the executive board since 2020.

Following his appointment to the RAB, he added: “I am honoured to take on the vice-chair role of the RAB and to work with my colleagues to promote the essential work of reinsurers in managing risk during increasingly complex and changing environments.”

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