Munich Re, U.S. (Life) has appointed Ed Sunoo as senior vice president for Financial Reinsurance.

In this role, Sunoo will build and lead a team of experts in developing customized reinsurance solutions relating to capital relief, reserve financing and other regulatory and accounting efficiencies for Munich Re’s valued clients in the US life and disability insurance industry.

Sunoo joins Munich Re from a leading global investment bank where he covered life insurance clients and worked on several innovative transactions involving capital markets and reinsurance.

He has over 25 years of banking experience covering insurers for derivatives, fixed income, capital markets, structured finance and strategic advisory work. Sunoo holds his Master of Business Administration from the University of Chicago and his Bachelor of Science in Chemical Engineering from the University of California, Berkeley.

Munich Re, US (Life) president and CEO Michael DeKoning, FSA, MAAA, FCIA, stated: “I am thrilled to have Ed at the helm of our FinRe business.

“His stellar experience will enable Munich Re to create customized solutions for our customers, allowing them to realize their business objectives through balance sheet efficiencies.”