12 Feb 2009, Ryan Davidson, Risk magazine
Swiss Re has named Stefan Lippe, currently deputy chief executive and chief operating officer, as Aigrain's successor. The appointment will take effect from today, but Aigrain will support the transition until February 18.
"Having taken measures to reinforce the group's capital strength and further de-risk its investment portfolio, the interests of Swiss Re are now best served by a change in executive leadership. Stefan Lippe has been the architect of Swiss Re's focus on disciplined, quality underwriting in the reinsurance business," commented Aigrain.