PartnerRe has announced that the company will change responsibilities in its executive leadership for Specialty Lines and will create the new role of CEO Global Cat.
The company announced the appointment of Philippe Meyenhofer will be appointed CEO Specialty Lines, effective June 1, as well as Greg Haft will assume the role of CEO Global Cat, a newly created unit.
Meyenhofer is currently P&C EMEA and member of the executive leadership team, and joined the company in August 2010, he has also held several leadership positions prior to his current role, most recently as head of P&C Europe from July 2016 to April 2019.
Whereas, Haft currently holds the position of CEO Specialty Lines and member of the executive leadership team, led PartnerRe’s Cat unit for five years as head of Global Cat and Property North America, after joining the company in 2013.
PartnerRe CEO Emmanuel Clarke said: “Specialty Lines and Global Cat are critical to our performance and success as a global diversified reinsurer, with unique leadership requirements.
“Going forward, as markets improve, we need to ensure the specialty book can deliver sustainable profitability and we can fully leverage our expertise and relationships to grow profitably in this diverse segment. Philippe has a proven track record of leading technical, complex businesses and has the skills needed to lead this unit.”
He added: “At the same time, the newly created Global Cat unit will enhance our ability to deploy our Cat capacity with a more centralized steering of our portfolio management.
“Greg’s deep knowledge of the catastrophe business, his franchise in the Cat market and his experience in leading our Cat unit make him the right choice to help advance our strategy and performance.”
Christian Mitterer, currently head of specialty casualty in P&C EMEA, will assume the role of head of P&C EMEA, reporting to Clarke. He has also been leading PartnerRe’s specialty casualty unit within P&C EMEA since 2016.