June 16, 2022
PEMBROKE, Bermuda, June 16, 2022 – PartnerRe Ltd. announced today that Sima Ruparelia will join PartnerRe, effective June 27, in the role of Chief Actuarial and Risk Officer.
Ms. Ruparelia will be responsible for Risk and Capital, Non-Life Reserving and Pricing and Life Reserving (2nd Line). She will be based in London and will report to PartnerRe’s President and CEO Jacques Bonneau, as a member of the Company’s Executive Leadership Team.
Ms. Ruparelia held the role of Chief Actuary and Portfolio Manager for UK, Europe, Global Specialty and Talbot, the Europe legal entity for AIG, from 2016 to 2021. Prior to that, Sima served as Group Actuary for Catlin and as UK Chief Actuary for XL Catlin, and held actuarial positions at Ernst and Young, Equitas and Pinnacle Insurance.
Commenting on Ms. Ruparelia’s appointment, PartnerRe’s President and CEO, Jacques Bonneau said, “This position represents functions that play an important role in both our business and strategic decision-making and I am pleased to welcome a risk and actuarial professional with Sima’s experience. She brings more than 20 years of expertise in the P&C insurance industry and her track record in leading and shaping large and complex pricing and reserving strategies make her an excellent fit for this role.”
Ms. Ruparelia is a fellow of the Institute and Faculty of Actuaries. She earned her bachelor’s degree in mathematics from Loughborough University.
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. At 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+.
PartnerRe on the Internet: www.partnerre.com
|Media Contact: Celia Powell|
Investor Contact: Ryan Lipschutz