– BERMUDA, Pembroke – PartnerRe Ltd. (NYSE: PRE) today announced the appointment of Thierry Derez as Chairman of the Board of Directors effective on July 12, 2022, replacing Brian Dowd who will remain on the Board as an independent director, alongside existing independent directors Mary Ann Brown and Hermann Pohlchristoph.
The company also announced the appointments of Maud Petit and Thierry Francq to its Board of Directors, while current President and CEO, Jacques Bonneau will also remain on the Board.
“I would like to welcome our new Chairman and Board members, who will further strengthen the Board’s breadth and depth of talent and will bring a new and valuable perspective.” said CEO, Jacques Bonneau.
Concurrently, the Company announced the resignations of Enrico Vellano and António Horta-Osório from the Board. With all these changes, the Board of Directors is now composed of seven members of whom three are independent.
About Maud Petit
Maud Petit was named CFO and deputy CEO of Covéa Group in 2018 and brings more than 25 years of experience in the re/insurance industry.
About Thierry Francq
Mr. Francq, former General Secretary of the French Financial Markets Supervisory Authority, joined Covéa in 2018 as Chief of Staff to the Chairman and CEO, before being appointed GM Strategy and Transformation in December 2019 and then Group GM for Transformation and International Activities in 2020.
About PartnerRe Ltd.
PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions. Risks are underwritten on a worldwide basis through the Company’s three segments: P&C, Specialty, and Life and Health. For the year ended December 31, 2021, total revenues were $7.4 billion. On March 31, 2022, total assets were $28.4 billion, total capital was $8.7 billion and total shareholders’ equity was $6.8 billion. PartnerRe maintains strong financial strength ratings as follows: A.M. Best A+ / Moody’s A1 / Standard & Poor’s A+.
For more information: https://partnerre.com/
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