Munich Health announces Donna Peterson new President & CEO of Munich Health North America, Inc.
Munich, 9 February 2012
Munich Health announced today that Donna Peterson has been appointed President and CEO of Munich Health North America, Inc., effective immediately. In this new role, which she has been performing on an interim basis since October, Donna is responsible for the Munich Health North America Reinsurance Division as well as for Munich Re Stop Loss.
“We are very pleased to have a person of Donna’s qualities available for this assignment,” said Dr. Christian Schneider, Member of Munich Health Board. We have full confidence in her leadership skills and I congratulate her on this achievement.”
Said Ms. Peterson, “I look forward to this challenge and to the opportunity to further build the Munich Health brand in the US.”
Most recently, Donna served as Head of Regional services for the Munich Health North America region and led the project to integrate Windsor Health Plan into the Munich Health organization. She has more than 25 years of insurance industry experience, which includes leadership roles with Endurance, PMA Re and CIGNA Re.
Munich Health is one of three business segments of Munich Re. Here all international healthcare business in insurance and reinsurance operations, as well as related services are pooled under the Munich Health brand.
Munich Re stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. Munich Re creates value for clients, shareholders and staff alike. In the financial year 2010, the Group – which pursues an integrated business model consisting of insurance and reinsurance – achieved a profit of €2.4bn on premium income of around €46bn. It operates in all lines of insurance, with around 47,000 employees throughout the world. With premium income of around €24bn from reinsurance alone, it is one of the world’s leading reinsurers. Especially when clients require solutions for complex risks, Munich Re is a much sought-after risk carrier.