Overview

• Joachim Wenning will retire as CEO at the end of December 2025 after eight years in the role
• CFO Christoph Jurecka will become Munich Re’s tenth chief executive starting January 1, 2026
• Andrew Buchanan will succeed Jurecka as CFO, joining the board in the new year
• Under Wenning’s tenure, Munich Re’s net profit rose from €2.1 billion in 2017 to €5.7 billion in 2024
• The reinsurer has set a net profit goal of €6 billion for 2025 to maintain its growth trajectory