STAMFORD, CT, U.S., May 20, 2020 – PartnerRe announced today the appointment of Gareth Stanley as Head of U.S. Casualty, effective May 18, 2020.
Mr. Stanley assumes responsibility to lead our strategic effort to further grow and develop PartnerRe’s U.S. Casualty business by providing our clients with relevant and impactful casualty reinsurance solutions. He will be based in PartnerRe’s Stamford office and report to Jon Colello, CEO P&C Americas.
Mr. Stanley has extensive experience in casualty reinsurance and has spent the majority of his 30-year career in casualty underwriting and leadership positions in London, Bermuda and New York, most recently as head of US Broker Market, Traditional Casualty, at Trans Re.
Mr. Colello welcomed Mr. Stanley to PartnerRe, saying “We are excited to have an individual of Gareth’s caliber join our team. His appointment is one of a number of recent external hires and internal promotions that will further strengthen our leadership position in the P&C market and underlines our commitment to offering best-in-class underwriting to our clients and brokers.”
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, 2019, total revenues were $7.9 billion. At March 31, 2020, total assets were $24.6 billion, total capital was $8.1 billion and total shareholders’ equity was $6.7 billion. PartnerRe maintains strong financial strength ratings as follows: A.M. Best A+ / Moody’s A1 / Standard & Poor’s A+.
|Media Contact: Elizabeth Deacon|