Finance Monthly

Dr. Joachim Wenning

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Dr. Joachim Wenning

Munich RE

Dr. Joachim Wenning was born in Jerusalem, Israel, in 1965.

After obtaining a degree in economics at the University of Munich, he joined Munich Re in 1991, where he worked until early 1997 as a treaty specialist with technical responsibility for life reinsurance clients in Germany. Parallel to this, Dr. Wenning wrote his doctoral thesis, for which he was awarded the designation of Dr. oec. publ. in 1995. At the beginning of 1997, Dr. Wenning transferred to the Group company Hamburg-Mannheimer Versicherungs-AG in Hamburg for two and a half years, during which time he implemented a number of strategic projects to realign marketing and sales. Following his return from Hamburg, Dr. Wenning headed the department "Life Reinsurance Latin America, Southern Europe and the Middle East" from mid-2000 onwards, with responsibility for life reinsurance business in these areas. Following his appointment in May 2005 to the position of CEO of New Re, Geneva, Dr. Wenning took over responsibility for the company's strategic development, with an expanded mandate for financial solutions in life and health reinsurance and for financial institutions business.

Dr. Wenning has been a Member of the Board of Management of Munich Re since 1 January 2009. From 2009 until the beginning of 2017, he was responsible for the Life Division, and from October 2013 until April 2017 he was also responsible for the Human Resources division and held the position of Labour Relations Director.

Dr. Wenning was appointed Chair of the Board of Management with effect from 27 April 2017. He has since been responsible for Group Holdings; Group Strategy and M&A; and Group Human Resources. Currently, his responsibilities include the divisions Strategy & Innovation; Group Communications; Group Audit; Economics, Sustainability & Public Affairs; Group Executive Affairs; and Group Compliance and Legal.
Munich Re Group is one of the world's leading risk managers. Founded in 1880 in Germany, the company is now active on a global scale. Munich Re has held the number 1 spot in the Top 50 of global reinsurance groups since 2010, except for 2017.

Munich Re does business with over 4,000 corporate clients in 160+ countries.

We are one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world.

As a reinsurer, Munich Re writes business in direct collaboration with primary insurers, but also via brokers and increasingly within the framework of exclusive strategic partnerships. Munich Re offers clients handling industrial and major-project business a wide range of specialised products and customised insurance solutions and services.

With gross premiums written of Û48.1bn from reinsurance alone, Munich Re is one of the world's leading reinsurers and operates in life, health and property-casualty business.

Munich Re is the number one choice for all matters relating to risk.

Taking on risks worldwide of every type and complexity, the Munich Re Group and its business units are active in all lines of insurance. Our consistent risk management, financial stability, and client proximity make us a much sought-after trusted business partner.

As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyberattacks to pandemics, we take care of risks while you take care of business.

Innovation power, unrivalled expertise in all aspects of risk and a sound financial footing: These are the strengths Munich Re stands for when customers face extraordinary risks.

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