Peak Re taps Karlheinz Render to boost Switzerland business

Peak Reinsurance Company AG, has appointed Karlheinz Render (pictured) as senior vice president, Europe, effective August 01.

According to a statement from the European subsidiary of Hong Kong-based reinsurer Peak Re, it hired Render to develop its market position in Europe, namely in the property & casualty markets of the DACH region (Austria, Germany and Switzerland).

He succeeds Emmanuel Thommen, former senior vice president at Peak Re AG, who has announced his retirement. Render will report to Matteo Cussigh, CEO of Peak Re AG, and will be based in Zurich.

Render joins from Swiss Re, where he held various client management and underwriting roles for close to three decades. Most recently, he led Swiss Re’s large clients division in Germany and was accountable for the inforce and new business development of large German P&C clients.

"We are delighted to welcome Mr Render to join our international client markets team,” said Cussigh. “Expanding Peak Re’s franchise in Europe is a key building block in our global diversification and growth strategy. With his extensive experience in Europe, and Peak Re’s proven international underwriting and analytical capabilities, Mr Render will contribute to strengthening our client relationships on the ground to support our clients.”