Gen Re Names co-Presidents to Lead Global Direct P&C Reinsurance

- Carole M. Ferrero and Robert M. Jones Form New Leadership Team

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Gen Re
Jan. 21, 2015 11:35
STAMFORD, CONN.--(Business Wire / Korea Newswire)--General Re Corporation announces senior appointments at General Reinsurance Corporation, the group’s global direct Property/Casualty reinsurance operation. Robert M. Jones will serve as co-President and Chief Marketing Officer for global marketing. Carole M. Ferrero will also assume the title of co-President in the capacity of Global Chief Underwriter. Ken Lundgren has been promoted to Vice Chairman. Bob, Carole and Ken will report to Tad Montross, Chairman and CEO of General Re Corporation.

Tad Montross said, “I am confident Bob and Carole will lead our reinsurance business to new heights, delivering differentiated products and services as well as unparalleled underwriting expertise.”

Martin G. Hacala, Global Chief Claims Manager for General Reinsurance, will assume Bob’s former position as the President and CEO of General Star Management Company and Genesis Management & Insurance Services, the group’s E&S and alternative risk subsidiaries.

Mo Tooker, previously President of General Reinsurance Corporation, has resigned from the company.

Gen Re, a Berkshire Hathaway Company, is one of the leading Property/Casualty and Life/Health reinsurers in the world, with a network of more than 40 branch and subsidiary offices in key reinsurance markets.

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Gen Re
Sue Johnson
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sue_johnson@genre.com
Sabine Denne
+49 221 9738 739
denne@genre.com