Thomas Blunck - Member of the Board of Management Munich Re

Thomas Blunck – Member of the Board of Management Munich Re

Dr. Thomas Blunck was born in Santiago, Chile, in 1965. After reading economics and business studies at the Universities of Barcelona and Fribourg, he was awarded his doctorate in political science. During his doctoral studies, he held the position of assistant lecturer at the University of Fribourg.

Dr. Blunck commenced his professional career in 1993 as a junior consultant with Roland Berger & Partner, subsequently holding various management positions with Bosch und Siemens Hausgeräte GmbH (BSH), Munich.

He joined Munich Re’s Strategic Planning division in 1999 as Head of Strategy/Economic Research. Two years later, he was made Head of this central division and, in mid-2002, became an Executive Manager in the Europe 2 and Latin America division. At the beginning of 2005, Dr. Blunck became a Senior Executive Manager in the Special and Financial Risks division.

Since 1 October 2005, he has been a member of the Board of Management of Munich Re. During his time on the Board, his responsibilities have included Special and Financial Risks; Information Technology; Organisational Design and Development; Central Procurement; Reinsurance Investments; Digital Partners and Europe and Latin America. Since February 2017, Dr. Blunck has been responsible for Life and Health and Capital Partners.

Latest reviews by Thomas Blunck
Losses from Natural Disasters Review: $250bn Overall and $95bn Insured Losses" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Largest Natural Disasters Review: Thunderstorms & Earthquakes Cost">
Largest Natural Disasters Review: Thunderstorms & Earthquakes Cost
The past year was once again characterised by extremely high insured losses from natural disasters, despite the fact that there were no extreme individual losses
Global Natural Disaster Figures for H1 2023: $47 bn Insured Losses" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Global Natural Disasters Figures: $100 bn Insured Losses">
Global Natural Disasters Figures: $100 bn Insured Losses
The insured losses from Natural Disaster has decreased from $47bn to $43bn (10-year average for half-year losses: $34bn)
How High Inflation & Hiked Base Rates Can Impact the (Re)Insurers Balance Sheets" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="How High Inflation & Hiked Base Rates Can Impact the (Re)Insurers Balance Sheets?">
How High Inflation & Hiked Base Rates Can Impact the (Re)Insurers Balance Sheets?
In response to high inflation, central banks have hiked their base rates, which, in turn, can impact the balance sheets of (re)insurers as a result of fixed-interest securities falling in value