Jürgen Gräber, a long-serving member of Hannover Re’s executive board, passed away suddenly on November 09, a statement from the company has revealed.
Gräber, 62, was associated with Hannover Re for more than 37 years. He began his professional career with Hannover Re as an underwriter in 1981, after obtaining his master’s degree in economics from the University of Hannover. He was then appointed to the firm’s executive board in 1997, where he was most recently responsible for worldwide treaty reinsurance, catastrophe XL, structured reinsurance, and insurance-linked securities, as well as the coordination of the property and casualty business group. He was also responsible for quotation and retrocession.
The company said that it will deal with succession matters in due time.
“We are deeply shocked by the news of his unexpected death,” said Ulrich Wallin, CEO of Hannover Re. “We mourn the loss of a colleague and friend who, with exemplary commitment, a pronounced sense of responsibility and a strong human touch, has earned himself a lasting reputation within and outside our company. For more than 37 years, Jürgen Gräber’s name was closely linked to the successful development of our company of which he was driving force.”
“Hannover Re will remember Jürgen Gräber’s accomplishments and his dedication to the company with enduring gratitude,” said Herbert K. Haas, chairman of Hannover Re’s supervisory board. “His life was an enthusiasm for his profession. His death leaves us at a profound loss, both personally and professionally. Our thoughts are with his family.”
