Swiss Re has appointed Kay Scholz as its new Head of Credit & Surety Reinsurance, effective 1st January 2026, succeeding Martin Pfister, who will assume the newly created role of Head of PRI and Structured Trade Credit Reinsurance.
Scholz has spent the past 18 years at R+V Re in various senior positions, most recently serving as Divisional Chief Underwriting Officer.
Pfister has been with Swiss Re for 11 years and has served as Head of Credit & Surety since June 2022.
Before joining Swiss Re, he spent eight years at AXA, most recently as Chief Financial Officer of AXA Direct Protection.
Andreas Hillebrand, Head Credit, Surety & Political Risk at Swiss Re, said, “I’m very pleased to welcome Kay to Swiss Re and bring in a leader with his market reputation. He is well known in the Credit and Surety space and has a track record of driving profitable growth alongside very strong client orientation and partnership thinking. I’m looking forward to working with him and the Credit & Surety team to build on our 125-year legacy in the Credit and Surety space and enhance how we meet the evolving needs of clients and partners worldwide.
“At the same time, I’d like to thank Martin for his dedication and vision in leading the Credit & Surety team over the last three years.”