Bermuda’s PartnerRe Ltd. announced that Costas Miranthis has been promoted to the new position of Deputy CEO, PartnerRe Global, effective July 2007. PartnerRe Global is the name the Group uses for its underwriting operations outside the U.S. It is comprised of the Non-Life sub segments Global P&C and Worldwide Specialty, and the Life segment.
Miranthis will report directly to Bruno Meyenhofer, CEO, PartnerRe Global and will be responsible for the management of all Global business units. He will also become a member of the Group Executive Committee. Mr. Meyenhofer will maintain responsibility for the overall executive management of the PartnerRe Global operations.
He joined PartnerRe in 2002 as the Group’s Chief Actuarial Officer. “Since that time he has developed the Group’s actuarial resources and strengthened the Company’s ROE and Capital models and methodologies,” the bulletin noted. He will continue in his current role as Chief Actuarial Officer until a new candidate is found.
PartnerRe President and CEO Patrick Thiele commented: “I am very pleased to promote Costas to this position. His strong leadership skills and business experiences position him well for his new operational responsibilities in our Global operations. Also, we will continue to benefit from his insights and analysis of Group issues, by virtue of his joining the Group Executive Committee.”
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