Dieter Berg to remain president of IUMI

Executive to remain for an additional year as part of transition period within the organisation

Dieter Berg to remain president of IUMI

Insurance News

By Gabriel Olano

Dieter Berg, the incumbent president of the International Union of Marine Insurance (IUMI), will continue to serve his post for a fourth year.

While the organisation’s presidents traditionally serve three-year terms, Berg will follow his two immediate predecessors, Ole Wikborg and Deirdre Littlefield, in holding the presidency for four years.

Berg, who is also a senior executive manager at Munich Re, will not face an election during IUMI’s conference in Tokyo next month, as the organisation will elect its top officers for two-year terms with possibility for re-election, reports TradeWinds News.

Prior to joining Munich Re in 2001, Berg was part of Bavarian Re, which was then part of Swiss Re. As a reinsurer, he is not usually at the frontlines of the marine insurance industry, but he did head Munich Re’s response to major events, such as the wrecking of the cruise liner Costa Concordia.

In the organisation’s history, Carl Briner has been its longest-serving president, with his 17-year term from 1937 to 1954 spanning the Second World War and the destruction of the IUMI headquarters in Berlin.

At the upcoming Tokyo conference, IUMI will elect a Japanese vice-chairman as a replacement for Shuichi Terakawa, who is now general manager of Tokio Marine and Nichido Fire Insurance.

Meanwhile, Agnes Choi, of AXA, and Colin Sprott, of Navigators International Insurance, are expected to be re-elected for a second term as vice chairpersons.

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Singapore hosts maiden marine insurance conference
Major vessel casualties on the rise, says marine insurance group
Global marine insurers’ group opens hub in Hong Kong

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