Bermudian reinsurance firm PartnerRe Ltd. has announced the appointment of Chris Shanahan as President of its U.S Life operations, effective July 1, 2019.
Shanahan joined PartnerRe in May 2018 as Executive Vice President, Corporate Development, North America Life, where he led the development of strategy for PartnerRe’s U.S life reinsurance business.
He has spent most of a 25-year career in the life reinsurance industry, and was previously Executive Vice President, Mortality Solutions and Corporate Marketing at Hannover Re.
While at Hannover Re, Shanahan had overall responsibility for managing the traditional life reinsurance business, including business development, operations and marketing.
In his new role, he will assume overall accountability for PartnerRe’s U.S life reinsurance business.
Shanahan is based in PartnerRe’s Charlotte, North Carolina office, and will report to Alan Ryder, CEO North America Life & Head of Capabilities Development.
“This is a key role and represents the next step in our strategy to better develop our presence in the US market,” said Ryder.
“It follows the recent appointments of several key business leaders, and we are confident that Chris and our growing US Life team will be able to fulfill our goal of becoming a valued partner to our clients,” he continued. “We wish Chris every success in his new role.”