Philippe Meyenhofer is to become Managing Director and Director of PartnerRe on April 1, 2024, succeeding Jacques Bonneau who will retire, Covéa, the parent company of the reinsurer, announced on Tuesday.
A member of the PartnerRe management team for whom he has worked since 2010, Philippe Meyenhofer is joining the Cova group management committee with immediate effect, said the mutual group, which notably brings together MAAF, MMA and GMF.
Mr. Meyenhofer will remain based in Zurich, according to a separate press release from PartnerRe, based in Bermuda and present as the 10th largest insurer in the world.
He will be supported by Jon Colello, current general manager of general insurance in America, who will have operational responsibility for all activities excluding life insurance.
Together, Philippe (Meyenhofer) and Jon (Colello) bring extensive industry experience, proven business and leadership skills, as well as a solid background (…) and in-depth knowledge of clients, brokers and clients. employees of PartnerRe, said Thierry Derez, general director of Cova and also president (chairman) of PartnerRe.
Cova finalized the acquisition of PartnerRe during the summer of 2022 for an amount of 7.9 billion euros.
It was at this time that Cova separated the functions of president and general director within it, assumed until then by Thierry Derez, after several appeals from the sector supervisor.
Cova made several changes in its staff in the fall after the surprise departure of Secretary General Sylvestre Frezal, announced on September 29.