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10th of September 2010

PartnerRe announces new global CEO

Gavin Bradshaw 21/07/2010

Emmanuel Clarke was named CEO of PartnerRe Global on 12 July, with effect from 1 September 2010.

Clarke (pictured left) will be responsible for the executive management of all PartnerRe's underwriting operations outside of North America.

Clarke is currently the head of Specialty Lines, Global and Deputy CEO, PartnerRe Global. He joined PartnerRe in 1997, with the acquisition of SAFR, and was appointed head of Credit and Surety, Global in 2001, and head of Property and Casualty, Global in 2006.

The company also announced the appointments of Bill Babcock as EVP and CFO, PartnerRe and Marvin Pestcoe as CEO, PartnerRe Capital Markets Group, both with effect from 1 October 2010.

All three executives will report to Costas Miranthis, COO of PartnerRe and will become members of PartnerRe's group executive committee.

The Company previously announced that Costas Miranthis will succeed Patrick Thiele as CEO of PartnerRe, effective 1 January 2011 and the decision of Albert Benchimol, EVP & CFO, PartnerRe and CEO, Capital Markets Group, to leave the Company.

Tags: PartnerRe, Property & casualty, Reinsurance

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