Nikolaus von Bomhard to be honored as the School of Risk Management's Insurance Leader of the Year

January 15, 2013

St. John’s University’s School of Risk Management (SRM) will honor Nikolaus von Bomhard, Chairman of the Board of Management of Munich Re, as the “2012 Insurance Leader of the Year” at its 18th Annual Insurance Leader of the Year Award Dinner.  The event will take place on Wednesday, January 16, 2013, at 6 p.m. at the Marriott Marquis in New York City.  Mike McGavick, Chief Executive Officer, XL Group plc, will serve as Honorary Chairman of the dinner.  Proceeds of the dinner will support the University’s SRM students and programs.

“The Insurance Leader of the Year accolade is traditionally awarded to an industry leader for distinguished achievement over a long career, or for special achievement in the year of recognition,” commented Brian Duperreault, President and Chief Executive Officer of Marsh & McLennan Companies, Inc., and Chairman of the SRM Board of Overseers. "In all respects, Nikolaus von Bomhard measures up to the highest standards of past awardees.  Munich Re throughout the world has always represented the qualities of professionalism, strength and stability required by clients of our industry - whether institutional or individual. He is widely admired for his corporate stewardship in service to all Munich Re stakeholders; and in these testing economic times his wise counsel on both corporate matters and issues impacting public policy is widely acknowledged.”

Brandon W. Sweitzer, Dean of the School of Risk Management, also had high praise for this year’s honoree.

"Nikolaus is a champion of those qualities that St John's University and its School of Risk Management strives to instill in its students at all times: ethical leadership, steadfast determination and a thoughtful approach to all important matters at hand,” said Sweitzer.  “We are delighted to honor him with this Award, and our students will benefit not only by learning from his example, but will be aided directly by the generosity displayed by those of his global industry colleagues who will assemble to celebrate him and his leadership of Munich Re."

The Award Selection Committee is chaired by Ellen Thrower, Ph.D., Professor Emerita and Retired Executive Director, St. John's University’s SRM, and includes George Bernstein, Esq. of The Bernstein Law Firm, P.L.L.C. (Washington, D.C.); Robert P. Hartwig, Ph.D., President of the Insurance Information Institute; Joseph Mauriello, Retired Deputy Chairman and COO of KPMG LLP; Michael J. Morrissey, President and CEO of the International Insurance Society; Patrick J. Shouvlin, Retired Partner of PricewaterhouseCoopers LLP; and Peter B. Walker, Director of McKinsey & Company (New York).

The “Insurance Leader of the Year Award,” presented annually since 1995, recognizes the contributions of outstanding individuals whose leadership in the worldwide insurance and financial services industry sets them apart from their peers.  Last year’s recipient was Evan G. Greenberg, Chairman and CEO of ACE Limited.

The School of Risk Management was founded in 1901 as the Insurance Society of New York and over the years evolved into The College of Insurance (TCI).  In June 2001, TCI merged with St. John’s University, becoming a school of The Peter J. Tobin College of Business.  Located in New York City’s downtown financial district, SRM awards undergraduate, M.B.A., and M.S. degrees in the insurance, risk management and actuarial science disciplines.  Through its Center for Professional Education, SRM also provides education, training and consulting services to the industry, governments and regulators worldwide.

For more information, please contact Maureen Furlong Weber of St. John’s University’s School of Risk Management by calling 212-277-5111. Interested media representatives can contact Dominic Scianna, Associate Vice President for External Relations at St. John’s University by calling (718) 990-6185 or e-mail inquiries to sciannad@stjohns.edu.