Thursday, August 21, 2014

Nikolaus von Bombard: Munich Re CEO

Nikolaus von Bombard was born in 1956 in Gunzenhausen, Germany. He studied law at the universities of Munich and Regenburg, finishing with a doctorate degree.

Nikolaus then began his climb up the corporate ladder at Munich Re starting out in the graduate trainee program in 1985. Later he started working as an underwriter in the Operational Division: Fire/Treaty. Nikolaus was appointed Deputy Head of the Operational Division: Germany. 

In 1997 he took on the job of building up and managing the Munich Re office in Sao Paolo, Brazil. He was appointed to the Board of Management in 2000 and from 2001 was responsible for the Europe 2/Latin America Division. On January 2004 Nikolaus reached the top post being appointed Chairman of the Board of Management.

He has help guide of the one of the world’s largest reinsurer through difficult times and has pursued initiatives to help combat global warming.  One project that his has been involved with is in Desertec Industrial Initiative (DII), a desert power scheme, which aims to produce enough electricity to meet 15 percent of the world’s energy requirements. 

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