PartnerRe Makes Executive Changes in Global Operations

Bermuda-based PartnerRe Ltd. has announced two executive changes in its PartnerRe Global (non-U.S.) operations – comprised of the Global P&C, Global Specialty and Global Catastrophe units and a Life Reinsurance unit.

Costas Miranthis, currently Deputy CEO, PartnerRe Global, will be appointed to the position of CEO, PartnerRe Global, effective July 1, 2008. In conjunction with his appointment, Bruno Meyenhofer, currently CEO, PartnerRe Global, will be appointed to the newly created position of Chairman, PartnerRe Global, effective the same date. Both men will report to Patrick Thiele, President and CEO of PartnerRe Ltd.

Miranthis assumed the role of Deputy CEO in July 2007, and has been responsible for the executive management of PartnerRe’s Global business units. He formerly served as the Group’s Chief Actuarial Officer from 2002-2007. With his promotion to CEO, PartnerRe Global, Miranthis will expand his responsibility to include all global operations, including finance, accounting and all support functions.

Bruno Meyenhofer has held the position of CEO, PartnerRe Global and has been a member of the PartnerRe Executive Committee since 1998, when he joined PartnerRe through the Company’s acquisition of Winterthur Re. In his role as Chairman he will remain a member of PartnerRe’s Executive Committee, where he will continue to provide advice and counsel on strategic initiatives as well as corporate and business development for the Group. He will also oversee global business development and will represent PartnerRe in the external regulatory and insurance communities.

Source: PartnerRe – www.partnerre.com

Topics Mergers & Acquisitions