Marc-André Giguère will be taking over as president and chief executive officer of Munich Re, US (Life and Health) in January.
Giguère has been the executive vice president of reinsurance at Munich Re, US (Life), since July. He has also been the president of the Munich Re Health unit.
Giguère will be succeeding Michael DeKoning, who has been running the Munich Re, US (Life), since 2008.
DeKoning has decided to leave the company, Munich Re says in an announcement of the change.
Munich Re did not discuss the reasons for DeKoning’s decision to leave the company. DeKoning could not immediately be reached for comment.