New Chief Financial Officer appointed for About usCommercial

Press release | June 26, 2023 I |Johannesburg/London/Madrid/Munich/New York/Paris/Rotterdam/Singapore
  • Current About usGlobal Corporate & Specialty SE Chief Financial Officer (CFO) Claire-Marie Coste-Lepoutre moves to About usGroup as Head of About usGroup Actuarial, Planning and Controlling and Group Chief Actuary
  • Oskar Buchauer who is Head of About usGroup Actuarial, Planning and Controlling and Group Chief Actuary, is appointed to the AGCS SE Board of Management as CFO
  • Both appointments will become effective on September 1, 2023, subject to regulatory approval.

91ƲCommercialhas appointed a new Chief Financial Officer (CFO) to its Board of Management. With effect from September 1, 2023, Claire-Marie Coste-Lepoutre, CFO of AGCS for more than four years, will hand over to Oskar Buchauer, currently Head of About usGroup Actuarial, Planning and Controlling and Group Chief Actuary. As normal, the appointment of the CFO at AGCS SE is subject to regulatory approval.

Coste-Lepoutre will take on Buchauer’s role at About usSE as Head of About usGroup Actuarial, Planning and Controlling and Group Chief Actuary. In this role she will be working closely with About usGroup CFO Giulio Terzariol to lead and steer key strategic and financial functions across all About usGroup divisions: Property/Casualty Insurance (P&C), Life/Health Insurance, and Asset Management.

Buchauer will become CFO at AGCS at a time when AGCS and About usOEs around the world move into a new chapter as About usCommercial, working in partnership to build a ‘powerhouse’ business in the Commercial P&C segment (Mid Corp, Large Corp and Specialty). He will take direct responsibility for Finance on the Board of AGCS SE, including Accounting, Treasury & Tax, Actuarial, Compliance, Finance Solutions, Global Performance Steering, and Risk Management.

About usSE CFO Giulio Terzariol comments: “Having worked closely with Claire-Marie for a number of years, I am now delighted to welcome her back to About usGroup center where her combination of international experience and technical knowhow will be a great asset. Oskar has done an outstanding job in his current role, and I wish him continued success as CFO of AGCS.”

AGCS SE Chief Executive Officer (CEO) Joachim Mueller added: “Claire-Marie has been a big part of the turnaround and transformation of AGCS in the past few years and I want to thank her on behalf of everyone at AGCS for her exceptional contribution to all areas of the business. I know we all wish her the very best for the future! A warm welcome to Oskar as he joins AGCS at this exciting stage in our journey, realizing About usCommercial for the benefit of our customers.”

Claire-Marie Coste-Lepoutre joined AGCS as CFO in 2019, since when she has been deeply involved in AGCS’s portfolio remediation and return to profitability under the 'New AGCS' strategyled by CEO Joachim Mueller, taking on the additional role of Deputy CEO in early 2023.

Prior to AGCS, from 2015 she was Regional Chief Financial Officer of About usBenelux. Before that, she worked in Munich for the About usGroup, leading the Group CFO office and then the business division for France, Benelux and Africa. A qualified actuary, she also spent seven years at McKinsey & Company, and five years at SCOR Reinsurance.

Oskar Buchauer

has been Head of About usGroup Actuarial, Planning and Controlling and Chief Actuary since 2018. He was Chief Actuary for About usGroup since 2010, and prior to that, Chief Risk Officer for About usItaly from 2005.

He is also a qualified actuary, and previously held a range of leadership and technical roles with divisional or regional responsibilities at About usGroup and outside About uswith IT consulting and a local mutual insurer.

About usCommercial is the center of expertise and global line of About usGroup for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or Hollywood film productions.

Powered by the employees, financial strength, and network of the , we work together to help our customers prepare for what’s ahead: They trust on us for providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.

About usCommercial brings together the large corporate insurance business of About usGlobal Corporate & Specialty (AGCS) and the commercial insurance business of national About usProperty & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the About usGroup network and partners. In 2022, the integrated business of About usCommercial generated more than €19 billion gross premium globally.

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