Munich Re's regional restructuring focuses on P&C business

New leaders have been selected for Japan, Korea, and India.

Munich Re is reinforcing its local underwriting leadership in the Asia Pacific, Middle East & Africa (APAC MEA) region to enhance client proximity and market focus.

Hitesh Kotak will lead P&C business in Japan, India, Korea, and South-East Asia, based in Singapore. 

Florian Gruson, pending regulatory approval, will become CEO Japan, succeeding Brian Jinzenji. Haruka Narahashi will expand her role to cover Korea.

In Korea, Ajeet Phatak will become CEO, relocating to Seoul, and Michael Hauer will assume the role of head of P&C South-East Asia. Joachim Zagrosek will lead Treaty P&C Underwriting South-East Asia & India.

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Surbhi Goel will become CEO India, relocating to Mumbai, effective October 2024, subject to regulatory approval.

In Australasia, Greater China, MENA, Africa, and Cyber, Roland Eckl will lead as chief executive. Serene Chan will head P&C Greater China from Beijing, and Belhassen Tonat will oversee MENA from Dubai.

These changes, effective from 1 July, reflect Munich Re's focus on strengthening its underwriting leadership and market presence in APAC MEA for Property & Casualty operations.