Bermuda-based PartnerRe Ltd. announced that Eric Gesick has been appointed as PartnerRe’s Group Chief Actuary. He will be based in Bermuda and report to the Group’s CEO, with “overall responsibility for PartnerRe’s actuarial function, heading a team of actuaries which oversees the Group’s reserving processes, manages capital allocation and implements company-wide actuarial models,” said the bulletin.
Gesick replaces Costas Miranthis who was promoted to Deputy CEO, PartnerRe Global in April. He has15 years’ experience, most recently as Chief Actuary, within the Financial, Professional, and International Insurance segment of Travelers Companies Inc., formerly St. Paul Travelers Companies, Inc. Prior to that he was Regional Vice President, Construction Division and Vice President, Specialty Commercial Actuarial.
PartnerRe President and CEO, Patrick Thiele praised Gesick’s “proven track record in designing and implementing actuarial models and processes, and his breadth of experience.” He added that he was confident that Gesick would “fit in well ” and that he is ideally suited to this important role.”
Source: – PartnerRe – www.partnerre.com
Topics Mergers & Acquisitions
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