Seeking Out New Opportunities
- We will continue to expand our products and asset classes in capital markets, increasing our skill sets and making sure that we are positioned to access new ILS products, such as catastrophe bonds, so that we can support our clients’ risk transfer needs in whatever form they choose.
- We are expanding into the emerging markets by opening new offices in Sao Paulo and Beijing. In the near term, we see Brazil as a strong business source, with the expectation of a large, developing non-catastrophe market and a high demand for specialty risks. In the longer term, we see China as a very big opportunity, but recognize it will take time. We have been visiting China from Hong Kong for more than ten years, but a local presence is the next step in a thoughtful, long-term strategy for developing that market.
- We will broaden our footprint in the U.S. by expanding our product offering generally, and with increased focus on regional companies and alternative risk transfer mechanisms such as risk retention groups. We work closely with brokers to ensure that we see all opportunities in the market.
- We see attractive mid-term growth opportunities in Life. On the mortality side, the dynamics of supply and demand will benefit established reinsurers over the shorter term, while longevity offers longer-term growth prospects.
Sustainability across the reinsurance cycle not only requires good decision making but also the ability to maximize opportunities in new and developing markets. A strong and diverse portfolio, effective decision-making skills and processes, and well-defined risk management practices enable PartnerRe to access, assess and price risk appropriately for success over the long term.
Charles Goldie
Head of Specialty Lines, U.S.
Tad Walker
Chief Underwriting Officer, U.S.
Eric Gesick
Chief Actuarial Officer, Group
John Adimari
Chief Financial Officer, U.S.
Emmanuel Clarke
Head of Property & Casualty, Global
At PartnerRe, we take a long-term view of value creation. Over the years, we have built a well-diversified book of business, a strong brand and a culture of transparency. We follow a consistent risk management framework, and have an experienced and disciplined underwriting team. This means that wherever we are in the cycle, we are well placed to make an appropriate return over a five-to-six year period, to meet our obligations, to achieve continuity and to invest in new opportunities that may prove profitable in the upswing. Next >