September 28, 2010
Chief Financial Officer, PartnerRe Ltd.
Mr. Babcock, who has 20 years of professional experience, both in public accounting and the reinsurance industry, has been appointed Executive Vice President and Chief Financial Officer, effective October 1, 2010. In this role, Mr. Babcock assumes responsibility for all aspects of the Company’s financial operations. This includes financial reporting and control, treasury and capital management, and tax as well as investor relations. Prior to this appointment, he was PartnerRe’s Group Finance Director. Mr. Babcock succeeds Albert Benchimol, who will be leaving the Company effective December 31, 2010.
PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions. Risks are underwritten on a worldwide basis through the Company’s three segments: P&C, Specialty Lines and Life and Health. For the year ended December 31, 2015, total revenues were $5.4 billion. At September 30, 2016, total assets were $23.2 billion, total capital was $8.8 billion and total shareholders’ equity attributable to PartnerRe was $7.2 billion. PartnerRe enjoys strong financial strength ratings as follows: A.M. Best A / Moody’s A1 / Standard & Poor’s A+.