Tokio Millennium Re, a subsidiary of Tokio Marine & Nichido Fire Insurance, has appointed Stephan Ruoff as CEO.
Previously, Ruoff worked with TMR as CEO of the Zurich branch and was appointed chief underwriting officer in October 2013.
In his new role he, who will continue to be based in Zurich, will lead the company forward by building on the strong brand and outstanding financial strength.
Ruoff succeeds Tatsuhiko Hoshina, who now becomes vice chairman and member of the board.
“We are moving forward with a clear strategic plan in place as we continue laying down the tracks for success into the future,” commented Ruoff.
He added: “We aim to increase our relevance and further develop our relationships with our client-base to ensure we are seen as a ‘go to’ reinsurer.”
