Emmanuel Clarke, the Chief Executive Officer (CEO) of Bermuda-based reinsurer PartnerRe, has been elected as the new Chairman of the Global Reinsurance Forum (GRF) for a two-year term.
The GRF is comprised of 12 leading global reinsurance companies and is designed to promote a stable, innovative, and competitive international reinsurance marketplace.
PartnerRe CEO Clarke succeeds Kevin O’Donnell, the CEO of RenaissanceRe, who became Chairman of the GRF in 2018.
The appointment of Clarke was made at a recent meeting of the GRF, during which Jean-Jacques Henchoz, CEO of Hannover Re, was elected Vice Chairman.
Clarke commented: “As businesses, people and governments battle with the Covid-19 situation and its deeper ramifications, the global reinsurance industry has the opportunity and responsibility to leverage its expertise in risk management and resilience building for the benefit of our societies and economies.
“I am excited to take the helm of the GRF at this critical juncture and, on behalf of all Members, wish to express my gratitude to Kevin for leading the GRF over the past two years.”
Henchoz added: “It is a privilege to serve as the GRF’s Vice Chair. As globalisation is receding and with protectionism on the rise, the Forum’s mission to promote an open and fair framework for global reinsurance markets and raise the understanding of the value of reinsurance to economies and societies, is more important than ever.”
The members of the GRF represent AXA XL, Gen Re, Hannover Re, Lloyd’s, MAPFRE Re, Munich Re, PartnerRe, RenaissanceRe, RGA, SCOR, Swiss Re, and Toa Re.