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Press release 5 April 2016
Christian Diedrich, member of the Board of Management of ERGO Versicherungsgruppe AG and Chairman of the Board of Management of German property-casualty insurer ERGO Versicherung AG, will resign from both Boards after attaining the age of 60. He has decided to retire when his term of office expires at the end of 2016 due to personal reasons.
„On behalf of the Supervisory Board, I would like to thank Mr. Diedrich for his longstanding and successful contribution”, emphasized Nikolaus von Bomhard, Chairman of the Supervisory Board of ERGO Versicherungsgruppe AG.
“Christian Diedrich has decisively shaped our property-casualty insurance business for many years. I regret his decision and respect his wish to end his professional career”, said Markus Rieß, Chairman of the Board of Management of ERGO Versicherungsgruppe AG.
Diedrich joined the Group in 1985 after his second legal state examination. He has been a Board member of ERGO Versicherung AG for 15 years and has been in charge of Property-Casualty Insurance Germany on Group level since 2008.
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About the ERGO Insurance Group
ERGO is one of the major insurance groups in Germany and Europe. Worldwide, the Group is represented in over 30 countries and concentrates on Europe and Asia. ERGO offers a comprehensive spectrum of insurance, provision and services. In its home market of Germany, ERGO ranks among the leading providers across all segments. About 43,000 people work for the Group, either as salaried employees or as full-time self-employed sales representatives. In 2015, ERGO recorded a premium income of 17.9 billion euros and rendered benefits to customers of 16.8 billion euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers.
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This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of ERGO Insurance Group. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forwardlooking statements or to conform them to future events or developments.