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Global Insurance Regulation and Systemic Risk

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Axel P. Lehmann (born 1959, Swiss Citizen) is a member of the Group Executive Committee and Group Chief Risk Officer of Zurich Financial Services Ltd (Zurich). In 1996 he joined Zurich as a member of the Executive Management team of Zurich Switzerland and subsequently held various executive management positions as head of corporate development and head of commercial lines. Mr. Lehmann became a member of the Group Management Board responsible for Group-wide business development functions in November 2000. In September 2001 he took over responsibility as CEO for Northern, Central and Eastern Europe and subsequently was appointed CEO of the Zurich Group Germany. Mr. Lehmann was promoted to a member of the Group Executive Committee and CEO of the Continental Europe Business Division in March 2002. In 2004, he was in charge of the consolidation of the United Kingdom and Ireland division with the Continental Europe division and assumed responsibility as CEO for the creation of the integrated Europe General Insurance business division. In September 2004 he became CEO of Zurich American Insurance Company and Zurich North America Commercial business division in Schaumburg/Chicago. In January 2008 he assumed his current role as Group Chief Risk Officer and is in addition responsible for Group IT.

From 1985 Mr. Lehmann worked as a project manager and research associate at the Institute for Insurance Economics at the University of St. Gallen. In 1989 he was appointed a lecturer in business administration and in 1990 vice president and head of Consulting and Management Development at the Institute for Insurance Economics and the European Center. In 1994/95 he served as a visiting professor at Bocconi University in Milan, Italy. He subsequently assumed the position of head of Corporate Planning and Corporate Controlling at Swiss Life in Zurich. Mr. Lehmann is an honorary professor for business administration and service management and chairman of the board of the Institute of Insurance Economics (I.VW-HSG) at University of St. Gallen in Switzerland. He is also a member of the Board of Directors of UBS and vicechairman of CRO Forum (Chief Risk Officer Forum).

He completed his studies in economics and business administration at the University of St. Gallen in 1984. In 1989 he was awarded the title of doctor and his PhD thesis was awarded the Peter Werhahn Prize for the best thesis in the area of management science and academic theory. After research study at Harvard Business School and Arizona State University, he received his postdoctoral qualification in 1996 and was appointed senior lecturer and assistant professor at the University of St. Gallen. He is a graduate of the Wharton School Advanced Management Program.

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Madrid 2010 - Executive Panel I: Global Insurance Regulation and Systemic Risk

Axel P. Lehmann

Group Chief Risk Officer, Zurich Financial Services Ltd, Switzerland

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Global Insurance Regulation and Systemic Risk

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