René Schnieper has been on the Board of Directors of NewRe since 2017.
Prior to his appointment, he spent more than 30 years in the re/insurance field holding various management and executive positions. From 1983 to 1993, he worked in the reinsurance department of Winterthur Swiss Insurance Company, where he was largely responsible for pricing non-proportional property and casualty (P&C) reinsurance business. At Zurich Financial Services, which he joined in 1994, he was in charge of underwriting the assumed P&C reinsurance business from European ceding companies. In 2002, he took over the responsibility for underwriting the specialty lines business.
In 2005, he joined FOPI, the Federal Office of Private Insurance, the predecessor organisation of FINMA. When FOPI merged into FINMA, he joined the new entity as a member of the Executive Board. Soon thereafter, he became responsible for supervising insurance companies. He was instrumental in implementing the Swiss Solvency Test.
He left FINMA in 2014 and has since held a number of consultancy mandates.
René Schnieper holds a PhD in Mathematics from ETH Zurich.