Surbhi Goel to be appointed CEO Munich Re India [Business Wire India]

Mumbai, April 18 -- Munich Re today announces the appointment of Surbhi Goel as CEO India Branch effective from October 2024. Her appointment is subject to regulatory approval. In this role, Surbhi will be responsible for Munich Re's Property and Casualty reinsurance business in India.

Surbhi will succeed Hitesh Kotak, who will take on an expanded role overseeing Japan, India, Korea and South-East Asia with effect from 1 July 2024. In her new role, Surbhi will report intoHitesh.

Hitesh Kotak: "Surbhi has a deep understanding of India's insurance market and is therefore a perfect choice to become CEO India. India is one of Munich Re's most important growth markets and Surbhi has all capabilities needed to continue to support our clients in their growth journey."

Surbhi Goel will be Munich Re's first female CEO in India. She has been heading Property & Casualty South-East Asia business since 2022 and prior to this she held senior underwriting, business and reinsurance roles at a leading insurer in India since 2008.

Surbhi Goel: "I am very much looking forward to the new responsibility of driving Munich Re's growth in the Indian market. Having the opportunity to work in a dynamic market environment with a highly motivated team in a well-positioned branch is an amazing opportunity."About Munich Re

Munich Re is one of the world's leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage - from the 1906 San Francisco earthquake to Hurricane Ian in 2022. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies or cyber risks. The Group is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world's most sought-after risk partners for businesses, institutions, and private individuals.

Disclaimer

This release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to make them conform to future events or developments. Published by HT Digital Content Services with permission from Business Wire India. For any query with respect to this article or any other content requirement, please contact Editor at [email protected]