Zurich Insurance Group announced the appointment of Peter Giger as group chief risk officer and a member of Zurich’s committee, effective 1 October 2019.
Giger will succeed Alison Martin who was recently appointed chief executive officer Europe, Middle, East & Africa (EMEA) and Bank Distribution.
Giger previously spent four years as head of the insurance decision and deputy CEO of the Swiss Financial Market Supervisory Authority FINMA.
Prior to FINMA, he held multiple executive positions at Zurich from 2002-2014, most recently as chief financial officer of its General Insurance Business in 2010-2014.
Mario Greco, group chief executive officer, said: “Peter is a strong leader with global experience in the insurance industry and technical excellence in finance, risk and underwriting. It’s a particular pleasure to announce this appointment as Peter is not new to Zurich. He started his career in our company, and with almost 20 years with Zurich already has an excellent understanding of our business model and risk profile.”