Bermuda-based reinsurer PartnerRe has announced a raft of changes at the top of its property and casualty reinsurance leadership team, as Charles Goldie, CEO P&C, is set to depart the firm.
PartnerRe said it will reorganise the structure of its Property & Casualty (P&C) business segment, taking a regionally focused approach and bringing in new executive leaders for each region.
The reinsurer said that as part of this change in organisational structure and leadership, Charles Goldie, CEO P&C, is set to leave the company.
President and CEO, Emmanuel Clarke commented, “I would like to thank Charlie for his significant contribution to the organization over the past 17 years. Charlie has been an important part of PartnerRe’s success, particularly growing our Specialty business into one of the best portfolios and platforms in the industry. His strategic and intellectual capabilities have made him a valued member of the Executive Leadership Team and I wish him the very best in his next endeavors.”
From April 1st 2019, the reinsurer’s P&C business will be split across three distinct regionally focused units; Americas, Europe, Middle-East and Africa (EMEA) and Asia-Pacific.
Each of the new unit’s leadership will report directly to PartnerRe President and CEO, Emmanuel Clarke.
Clarke commented on the changes, “We are further evolving our P&C structure. As a result of these changes, P&C will have a flatter organizational structure, further enabling us to increase agility in the way we run our P&C business and customize our approach to our clients and brokers around the world. I will assume direct oversight of the P&C business, including the three P&C business regional units.”
Philippe Meyenhofer, currently Deputy CEO, P&C and Head of P&C Europe, will take on responsibility for PartnerRe’s EMEA regional unit. Meyenhofer has joined PartnerRe in August 2010 and has held a range of leadership positions since that time, becoming leader for P&C Europe in July 2016 and being appointed Deputy CEO, P&C in December 2018.
James Beedle will remain in his existing role as Head of P&C Asia-Pacific and CEO of Partner Reinsurance Asia Pte. Ltd. As well as driving forward the Asia-Pacific regional unit, Beedle will also take on executive responsibility for the Global Clients and Broker Management unit at PartnerRe. Beedle has been in his current role with PartnerRe since January 2017, prior to which he was a Senior Managing Director of broker Willis Re in Asia-Pacific.
Leadership for the Americas regional unit has yet to be decided and a newly appointed executive will be found to take on the role, for whom a search is currently underway the company said. Until the new Americas leader is hired, PartnerRe said that Jon Schriber, Head of Structured Risk North America, will take on responsibility for P&C North America.
In addition to the regional leadership appointments and confirmations, PartnerRe also said that Greg Haft will be named CEO for Specialty Lines. Haft has been Deputy CEO of Specialty Lines since January 2018 and has led the Property, Marine and Energy (PME) unit. Before that, Haft was Head of Global Cat, and Property North America from 2016. As well as becoming CEO of Specialty, Haft will also retain responsibility for Property, Marine and Energy (PME) underwriting businesses.
All four of these senior leaders will be named part of the Executive Leadership Team of PartnerRe.
Clarke said, “I am pleased to promote Philippe, James and Greg from within, all strong and capable leaders. Each has been successful in both leading their businesses as well as their teams and I look forward to working with them on the Executive Leadership Team.”