Maximilian Zimmerer (58) has been appointed to the Supervisory Board of Munich Re with effect from 4 July 2017. The Amtsgericht (Local Court) in Munich appointed Zimmerer as the successor to Peter Gruss, who resigned his seat on the Supervisory Board with effect from 30 June 2017. Gruss (68) had been a member of the Supervisory Board since April 2009.

Zimmerer was appointed to the Supervisory Board by an order dated 4 July 2017. The Supervisory Board intends to recommend to the next Annual General Meeting on 25 April 2018 that Zimmerer should be elected to the Supervisory Board for the remainder of Gruss’s period in office.

Maximilian Zimmerer was Chairman of the Board of Allianz Lebensversicherungs-AG from 2006 to 2012, before moving to the Board of Management of Allianz SE, where he was responsible for investment management and global life and health insurance. Zimmerer left the Board of Management of Allianz SE on 31 December 2016.

Maximilian Zimmerer has outstanding industry expertise, particularly in the areas of life insurance, health insurance and investments. With this appointment, Munich Re has been able to attract one of Germany’s highest profile insurance managers to its Supervisory Board.