Reinsurance News
PartnerRe
PartnerRe announces retirement of Tad Walker and Marvin Pestcoe
29th June 2017
Two senior and longstanding executives from reinsurer PartnerRe are to retire the company announced, with Tad Walker, CEO Property & Casualty and Marvin Pestcoe, Chief Risk and Actuarial Officer, both leaving at the end of Q1 2018. PartnerRe, the Bermudian reinsurance firm owned by the Agnelli family-owned EXOR investment group, is ... Read the full article
PartnerRe completes acquisition of life reinsurer Aurigen
4th April 2017
PartnerRe has announced the completion of its acquisition of life reinsurance company, Aurigen Capital Limited. Aurigen’s core business has been the reinsurance of life insurance policies of North American residents, and since 2013, mortality risk solutions in the U.S. Aurigen is a top-five life reinsurer in Canada based on recurring new reinsurance ... Read the full article
PartnerRe hires Cabrera from Aon Benfield to head up Latin America
3rd March 2017
Reinsurance firm PartnerRe has hired Humberto Cabrera, coming from broker Aon Benfield, to the role of Head of Latin America, where he will lead the reinsurers business operations in that region. Cabrera will replace PartnerRe's Interim Head of Latin America, Salvatore Orlando, who will continue in his role as Head of ... Read the full article
PartnerRe investment loss triggered by U.S. risk-free rate change
22nd February 2017
PartnerRe, the reinsurance firm acquired by the Italian conglomerate EXOR, reported a fourth-quarter net loss as it suffered significant investment losses on fixed income securities following on from the increase in U.S. risk-free rates. The increase in risk-free rates was expected to negatively impact some reinsurers in late 2016, although to ... Read the full article
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