PartnerRe Ltd. Announces Executive Management Appointment
PEMBROKE, Bermuda -- March 27, 2013
PartnerRe Ltd. (NYSE: PRE) today announced that Laurie Desmet has been
appointed to PartnerRe’s executive management committee effective April 1. Ms.
Desmet will serve as Chief Operations Officer, Group and will have executive
responsibility of PartnerRe’s operations support worldwide.
Ms. Desmet has more than 28 years of experience, both in public accounting and
the re/insurance industry. She joined PartnerRe in 2004 as Chief Accounting
Officer, Group and was appointed Chief Operations Officer of the Company’s
Global operations in 2010. Prior to joining PartnerRe, Ms. Desmet worked for
Converium as Chief Accounting Officer and Ernst & Young as Senior Manager.
PartnerRe Ltd. President and CEO, Costas Miranthis said, “I am very pleased to
see Laurie join our executive team. I have worked with Laurie for many years
and I know we will all benefit from her strong operational skills and sound
PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance
to insurance companies. The Company, through its wholly owned subsidiaries,
also offers capital markets products that include weather and credit
protection to financial, industrial and service companies. Risks reinsured
include property, casualty, motor, agriculture, aviation/space, catastrophe,
credit/surety, engineering, energy, marine, specialty property, specialty
casualty, multiline and other lines in its Non-life operations, mortality,
longevity and accident and health in its Life operations, and alternative risk
products. For the year ended December 31, 2012, total revenues were $5.6
billion. At December 31, 2012, total assets were $23.0 billion, total capital
was $7.7 billion and total shareholders’ equity was $6.9 billion.
PartnerRe on the Internet: www.partnerre.com
Drew Brown/Daniel Goldstein
Sard Verbinnen & Co
Investors: Robin Sidders
Media: Celia Powell
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