PartnerRe Announces Dan Bolgar as New Head of Health Appointment Follows Retirement of Dennis Heinzig
November 03 2015 - 8:00AM
Business Wire
PartnerRe Ltd. (NYSE:PRE) today announced that Dan Bolgar,
formerly CEO at AXIS Accident & Health Reinsurance, has been
appointed Head of Health at PartnerRe effective November 16, 2015.
Mr. Bolgar will be based out of PartnerRe’s Minneapolis office
reporting to Marvin Pestcoe, CEO Life & Health PartnerRe.
His appointment follows the announcement by Dennis Heinzig, Head
of Health and President of PartnerRe America Insurance Company,
that he will retire in 2016.
Commenting on the changes, Mr. Pestcoe said, “We welcome Dan’s
experience and impressive track record in the accident & health
sector and look forward to working with him at an exciting time for
PartnerRe.
“While it is with regret that we say goodbye to Dennis, we wish
him all the best in his retirement. He is an experienced and
talented leader in the health reinsurance sector and has brought
tremendous value to PartnerRe and to the industry over the
years.”
Mr. Bolgar has more than 20 years’ experience in the accident
& health reinsurance sector. Prior to joining AXIS, he was EVP
at Willis Re responsible for their global A&H division.
Commenting on his new role, Mr. Bolgar said, “I am delighted to
be joining the PartnerRe Health team at this exciting period for
the Company. PartnerRe has an incredibly strong team and platform
from which to build an even stronger presence around the world. I
look forward to working with the team to deliver innovative
accident & health solutions for PartnerRe’s clients and
brokers.”
Mr. Heinzig was the CEO of California-based Presidio Reinsurance
Group, a leading U.S. specialty accident and health reinsurance and
insurance writer that was acquired by PartnerRe in 2012. He will
continue as President of PartnerRe America Insurance Company during
the transition, reporting to Mr. Pestcoe.
Commenting on his decision to retire, Mr. Heinzig said, “It has
been both a pleasure and an honor to work with the outstanding
group of people within the Health division, the broader PartnerRe
group, and our many brokers and clients. I have known Dan for many
years and enthusiastically support his appointment. He will lead
our team to more fully realize the value we can bring to our
clients and I believe the future looks exciting under his
leadership.”
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, multi-line and other lines in its Non-life operations,
mortality, longevity and accident and health in its Life and Health
operations, and alternative risk products. For the year ended
December 31, 2014, total revenues were $6.5 billion. At
September 30, 2015, total assets were $22.0 billion, total
capital was $7.6 billion and total shareholders’ equity
attributable to PartnerRe was $6.8 billion.
PartnerRe on the Internet: www.partnerre.com
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PartnerRe Ltd.Investor Contact: Robin SiddersMedia
Contact: Celia Powell441-292-0888orSard Verbinnen &
CoDrew Brown/Robin Weinberg212-687-8080
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