PartnerRe Appoints Chairatch Phrompechrut as Head of Strategic Ventures
January 25 2016 - 11:00AM
Business Wire
PartnerRe Ltd. (NYSE:PRE) today announced that
Chairatch Phrompechrut has been appointed to
the position of Head of Strategic Ventures. Mr. Phrompechrut
will report to Marvin Pestcoe, CEO Life, Health and Strategic
Ventures. In this position, Mr. Phrompechrut will lead the
effort to pursue investments in business development opportunities
and partnerships.
Mr. Phrompechrut joined PartnerRe in 2008 and has held several
positions in the company’s investment function, most recently as
Head of Private Equity.
Commenting on Mr Phrompechrut’s appointment, Mr. Pestcoe said,
“I am very pleased to appoint Chai to Head of Strategic Ventures.
I am confident that under Chai’s leadership the Strategic
Ventures group will be successful in giving PartnerRe access to new
attractive business opportunities.”
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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version on businesswire.com: http://www.businesswire.com/news/home/20160125005897/en/
PartnerRe Ltd.Investor Contact: Robin SiddersMedia
Contact: Celia Powell441-292-0888orSard Verbinnen &
CoRobin Weinberg/Spencer Waybright212-687-8080
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