Swiss Re Appoints Bernhard Kaufmann as Group Chief Risk Officer

NEWMEDIAWIRE) - Swiss Re announced today that Bernhard Kaufmann will succeed Patrick Raaflaub as Group Chief Risk Officer as of 1 October 2025.

Swiss Re has announced that Bernhard Kaufmann will succeed Patrick Raaflaub as Group Chief Risk Officer. Kaufmann's appointment will take effect on 1 October 2025.

Raaflaub, who is also a member of the Group Executive Committee, will retire at the end of September 2025 after more than 30 years with the company. He joined Swiss Re in 1993 and has held various positions in the reinsurance and retrocession units. He was appointed as Group CRO in April 2017.

During his tenure as CRO, Raaflaub played a crucial role in navigating the company through major market events such as the COVID-19 pandemic and the recent natural catastrophes. He was also instrumental in advancing Swiss Re's sustainability agenda and integrating ESG factors into the risk appetite framework.

"I am grateful for the trust and support that I received from the Executive Committee, the management team and colleagues across Swiss Re during my time as Group CRO," said Raaflaub. "I am proud of what we have achieved together in making the Group more resilient and agile to anticipate and manage new and emerging risks."

The appointment of Kaufmann, currently the CEO of Swiss Reinsurance, is subject to the approval of the relevant regulatory authorities.

"I am pleased to welcome Bernhard to the Group Executive Committee," said Christian M. Benner, the CEO of Swiss Re. "He brings a wealth of experience and expertise in the reinsurance industry and a deep understanding of the Group's risk appetite and strategy."

"I would also like to thank Patrick for his dedication and contribution to Swiss Re over the past 30 years. He has played a pivotal role in strengthening the Group's risk management culture and practices."