TMR appoints chief risk officer

Bermuda-based reinsuer Tokio Millennium Re has appointed Andreas Kull as chief risk officer (CRO) and member of the Executive Committee of TMR.

Kull succeeds Akira Higuma, current CRO, who after five years at TMR will return to Japan as the group leader of global risk management, a unit within the international business development department of Tokio Marine Holdings.

He has more than 15 years of experience in risk management and actuarial roles. He joined TMR in 2015 as executive vice president of the group enterprise risk management team. Prior to TMR, Kull was the CRO of AXA Winterthur. He was also previously executive director at EY and held risk management and actuarial roles at Converium and Zurich Insurance where he started his career in 1999.

Stephan Ruoff, chief executive officer, TMR, said: “We are very pleased to have Andreas take on the role of CRO at TMR. Andreas will be instrumental in bringing this core function to the next level addressing the increasing complexity and interdependency of re/insurance risks.

“He will take over from our current CRO, Akira, who built a very strong enterprise risk management function over the past years, recently acknowledged by AM Best in affirming TMR’s 'A++' rating.”