3 Annual Report 2020 Overview New Reinsurance Company Ltd NewRe is a Swiss reinsurer founded in Zurich in 1926 In 1988 NewRe became part of Munich Re Group one of the world s leading reinsurers NewRe is a property and casualty reinsur ance company a leading underwriter of structured reinsurance solutions and an active reinsurer in the fields of insurance derivatives and parametric trigger covers The company also specialises in variable annuity reinsurance and capital manage ment solutions for life business NewRe is considered a core company of Munich Re Group and combines exceptional financial strength with the efficiency and creativity of a medium sized reinsurer We want to be a reliable partner for our clients We think beyond traditional models and design tailor made reinsur ance solutions with the aim of enhancing our clients capital structure earnings stability and liquidity Working with our broker partners we offer mono line and multi line solutions including life and specialty classes of business in the form of both prospective and retrospective covers Board of Management Dr Renate Strasser Chief Executive Officer until 30 September 2020 Dr Thomas Braune Chief Executive Officer as of 1 October 2020 Dr Jürgen Kammerlohr Chief Financial Officer Dr Artur Klinger Chief Underwriting Officer Property Casualty until 31 January 2020 Dirk Herrenpoth Chief Underwriting Officer Property Casualty as of 1 July 2020 Dr Christian Dahmen Chief Risk Officer Board of Directors Dr Doris Höpke President Claudia Hasse Vice President Bruno Meyenhofer Dr René Schnieper Shareholder 100 Munich Reinsurance Company Munich Rating AA by Standard Poor s A by A M Best Auditors KPMG AG Zurich until 23 April 2020 Ernst Young AG Zurich as of 24 April 2020 As at 31 December 2020 NewRe at a glance NewRe AnnualReport 2020 indd 3 28 04 21 19 06

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