PartnerRe to replace two retiring executives

Make text smaller Make text larger

  • Emmanuel Clarke, CEO of PartnerRe

    Emmanuel Clarke, CEO of PartnerRe


Reinsurer PartnerRe is on the lookout for two senior executives to fill the shoes of two of its top managers who will retire next year.

Tad Walker, CEO of property and casualty, and chief risk and actuarial officer Marvin Pestcoe will step down at the end of March next year.

Emanuel Clarke, PartnerRe president and CEO, said: “Tad has been an important member of PartnerRe’s executive team during a critical period as we transitioned PartnerRe to private ownership and established a new strategy and structure.”

He added Mr Walker had been instrumental in establishing a new property and casualty global leadership team.

Mr Pestcoe, who retired from PartnerRe in 2014 as CEO of life and health, rejoined the firm after it was taken over by Italian investment giant Exor in 2015 as interim CEO in the same role.

He extended his commitment in 2016 and took over the new role of chief risk and actuarial officer.

Mr Clarke said: “Since Marvin first assumed the leadership of life and health in 2011, we have significantly expanded our offering to clients, most recently with the acquisition of Aurigen Re in North America.

“Marvin has also strengthened our risk, capital and reserving teams and processes, ensuring they are well positioned for a new executive leader to build upon.”

Mr Clarke added that the firm is conducting searches for successors to the two executives.

You must be registered or signed-in to post comment or to vote.

Published Jun 28, 2017 at 4:36 pm (Updated Jun 28, 2017 at 4:36 pm)

PartnerRe to replace two retiring executives

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    Today's Obituaries