NewRe Annual Report 2021 19 Alfred Leu Board Member Alfred Leu has been on the Board of Directors of NewRe since April 2021 Prior to his retirement he spent more than 30 years in the insurance industry working in numerous management and executive func tions Until recently he was CEO at Generali Versicherung AG Vienna and CEO of Generali Switzerland Holding AG Earlier in his career he served in various func tions at Fortuna ultimately as Managing Director and Head of the Single Life insurance business at Fortuna Versicherungsberatung und Services AG In 1995 Alfred Leu relocated to Geneva to join Generali Allgemeine Versicherungen AG eventually becoming the company s CEO from 1997 to 2002 During his long career in insurance he chaired the Board of Directors of Europ Assistance Suisse Holding SA from 2005 to 2016 Alfred Leu holds a law degree from the Univer sity of Berne and was admitted to the Swiss bar in 1987 Furthermore he completed a Senior Executive Course at the MIT Sloan School of Management in Boston Dr René Schnieper Board Member 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 propor tional property and casualty P C reinsurance business At Zurich Financial Services which he joined in 1994 he was in charge of underwriting assumed P C reinsurance business from Euro pean cedants In 2002 he took over responsibility for writing 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 assu med responsibility for the supervision of insur ance companies He was instrumental in im plementing the Swiss Solvency Test He left FINMA in 2014 and has since held a num ber of consultancy mandates René Schnieper has a PhD in Mathematics from ETH Zurich Board of Directors NewRe Annual Report 2021 Inhalt indd 19 25 04 22 10 19

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