PartnerRe Announces Promotions and New Appointments Within Its Global Operations.Business Editors PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 25, 2002 PartnerRe Ltd.(NYSE NYSE See: New York Stock Exchange :PRE) today announced the following new appointments within its Global (non-US) operations: Jurg Buff, Zurich, has been appointed to head the Engineering Department of PartnerRe Global. Emmanuel Clarke, Paris, has been appointed to head the Credit and Surety An individual who undertakes an obligation to pay a sum of money or to perform some duty or promise for another in the event that person fails to act. surety n. Department of PartnerRe Global. Peter Filliger, Zurich, after 19 years of successfully heading the Credit and Surety operations of PartnerRe (and formerly Winterthur Re) has taken the responsibility of building a new Security unit within the Finance Division of PartnerRe Global. Michael Gertsch, Zurich, has been appointed to head the Specialty Property Department of PartnerRe Global. Laurent Hoquet, Paris, has been appointed to head the Energy On-Shore Department of PartnerRe Global. Pierre Michel, Paris, has been appointed to head the Life operations of the Paris office. Jean-Pierre Kervella, previously Client Partner for the Netherlands, has been appointed to establish a Claims Department in our Paris office. Patrick Chevrel has been appointed as Client Partner for the Netherlands. Dr. Rick Thomas ST1TCH (born Rick Thomas) is American sampler for Mushroomhead and Ventana. It has been stated that Thomas was originally called "Stick", due to the fact that he is skinny, but someone mistakenly called him Stitch and the name stuck. , Zurich, has been appointed to head the Research Team of PartnerRe Group. PartnerRe Ltd. is a leading global reinsurer re·in·sure tr.v. re·in·sured, re·in·sur·ing, re·in·sures To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. , providing multi-line reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. to insurance companies. Risks reinsured include property, catastrophe, agriculture, automobile, casualty, marine, aviation/space, credit/surety, technical and miscellaneous lines, life/annuity and health. In 2001 total revenues were $1.9 billion. As of December 31, 2001 total assets were $7.2 billion and total shareholders' equity Shareholders' Equity A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares. was $1.7 billion. PartnerRe on the Internet: www.partnerre.com |
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