COLOGNE, Germany–(BUSINESS WIRE)–Effective May 1, 2019 and subject to regulatory approvals, Gen Re’s
international direct property and casualty reinsurance business and the
broker market business handled through the Faraday platforms will be
overseen by Andrew D’Arcy as Head of Gen Re International Property &
Casualty. Mr. D’Arcy will relinquish the role of Faraday CEO and will
join the General Reinsurance AG Executive Management Board.
Tom Shelley will assume the role of Faraday CEO and Chris Thorne will
assume the position of Faraday Chief Underwriting Officer. Gen Re
Chairman Charles Shamieh will join the Faraday Board of Directors.
Gen Re and Faraday will continue to offer their highly rated reinsurance
and insurance solutions in their respective markets.
About Gen Re
Gen Re delivers reinsurance solutions
to the Life/Health and Property/Casualty insurance industries. We work
closely with our clients to understand their strategic and operational
goals, offering a wide range of products, tools and resources that aim
to promote our clients’ ongoing growth and success.
Gen Re is a member of the Berkshire Hathaway family of companies and
has earned superior financial strength ratings from each of the major
rating agencies. We take our commitments very seriously. And with
$14 billion in capital and $6 billion in premiums, we only make promises
we can keep. www.genre.com
Contacts
Sabine Denné
Head of Global Marketing & Client Communications
[email protected]
