Former Munich Re APAC head joins RMS

Reinsurance veteran to boost firm’s stature

Former Munich Re APAC head joins RMS

Insurance News

By Gabriel Olano

Insurance risk modelling firm RMS has welcomed on board Ludger Arnoldussen as senior managing director, as part of its push to expand its position in Europe with a special focus on Germany.

Arnoldussen was part of Munich Re’s board for over a decade, before he retired in March. During his tenure with the reinsurance giant, he served as head for Germany and the Asia-Pacific region, where he developed corporate relationships with numerous global clients.

With the hiring of Arnoldussen, RMS seeks to strengthen its European business, banking on his relationships with leading insurance and reinsurance carriers in the region. He will report to Mike Pritula, RMS’ president and global client services leader.

“Ludger’s knowledge of the German insurance market is unrivalled, and his insights into the needs of the country’s primary insurers, coupled with the rich scope of RMS models, data, and RMS (one) solutions, will be of huge value to RMS clients,” said Steve Hurcom, RMS senior vice president and head of international client development.

“RMS has a reputation for excellent client support – with Ludger on board we will increase and maximize that support across our growing European client base.”

RMS is planning to break into the European market in 2018 with its RMS Europr Severe Convective Storm HD Models, which will include analytical and modelling coverage for hail risks.

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Soft reinsurance market not yet over – analysts

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