Düsseldorf, 30 June 2025 – Achim Bosch (59) takes over as Chief Executive Officer (CEO) of Deutsche Rückversicherung AG on 1 July 2025. The Supervisory Board of Deutsche Rück had appointed Bosch as the new CEO on 18 November 2024. Bosch has been a member of the Board of Executive Directors of Deutsche Rück since the beginning of 2019. He will take over the role of CEO from Frank Schaar (65), who has headed the company since February 2018 and is retiring.
The Executive Board of Deutsche Rück will thus consist of three members in future. In addition to Chief Executive Officer Achim Bosch, Executive Board member Caren Büning (50) will take on the role of Chief Underwriting Officer (CUO). Life reinsurance and capital investment will continue to be the responsibility of Executive Board member Michael Rohde (57) as Chief Financial Officer (CFO).
“With Achim Bosch, Caren Büning and Michael Rohde, the Board of Executive Directors is well positioned to further strengthen Deutsche Rück's central role in its home market and to continue the internationalisation strategy initiated by Frank Schaar in the long term,” said Prof. Dr Frank Walthes, Chairman of the Supervisory Board of Deutsche Rück. "We would like to thank Frank Schaar for his cooperation based on mutual trust and for the strategic foresight with which he has gradually shaped the company in the past years into an international reinsurer that today underwrites reinsurance risks not only in Europe, but also in Latin America, North Africa, the Middle East and numerous countries in Asia."
Achim Bosch will also take over as Chairman of the Executive Management of DR Swiss in Zurich, Deutsche Rück's subsidiary, on 1 July 2025. At the same time, Caren Büning will join the company's Executive Management as CUO. In addition, the Executive Management will be expanded by one member: the Board of Directors has appointed Dr Stefan Ostermeier
as CFO.
The new CEO, Achim Bosch, joined Deutsche Rück on 1 January 2019 as CUO, where he was responsible for the non-life market segment. He studied statistics at the University of Dortmund, began his professional career at Concordia Versicherung in Hanover and continued his career at General Reinsurance AG in Cologne, where he was appointed to the Executive Board in 2008.
Photo above:The members of the Executive Board of Deutsche Rück in Düsseldorf (from left), Michael Rohde, Achim Bosch, Caren Büning
Photo below: The members of the Executive Management of DR Swiss in Zurich (from left): Dr Stefan Ostermeier, Achim Bosch, Caren Büning