General Reinsurance AG Expands Executive Board

COLOGNE, Germany--(BUSINESS WIRE)--Gen Re has announced that Margaret McAuliffe and Alexander Zeller have been appointed to the Executive Board of General Reinsurance AG, effective 1 April 2023. General Reinsurance AG is Gen Re’s German legal entity and the main risk carrier for its international business.

Margaret McAuliffe is General Reinsurance AG’s Chief Risk Officer; and she will continue to serve in that role. Ms. McAuliffe has been with Gen Re for more than 30 years and has held a number of management positions within our finance and risk management functions.

"Margaret has enjoyed a successful career in a variety of roles within our organization, most recently as Chief Risk Officer of General Reinsurance AG since 2013; she is well positioned to take on this responsibility at the Executive Board level as well," said Mike O'Dea, Chief Financial Officer of Gen Re. “Her appointment reinforces the importance of the risk management discipline to our corporate governance framework.”

Alexander Zeller will continue to be responsible for Property & Casualty Treaty clients located in Germany, Austria, Switzerland, Luxembourg, The Netherlands, Israel, and Central-, Eastern- and Southeastern Europe. Previously, Mr. Zeller held various management positions in Gen Re’s European Property & Casualty Treaty organization.

Andrew D’Arcy, Member of General Reinsurance AG’s Executive Board, and Head of International Property & Casualty said “Alex has successfully grown our business in various international P/C reinsurance markets. His experience in providing valuable solutions to clients across a number of territories is a critical skill in serving modern reinsurance markets. He is a great addition to the Executive Board.”

Charlie Shamieh, Gen Re’s Chairman and Chair of the General Reinsurance AG’s Executive Board added, “I’m delighted about these appointments. Margaret McAuliffe and Alexander Zeller are experienced executives who have been in the global reinsurance business for decades. They both bring deep re/insurance expertise and a strong strategic skill set to their new roles as members of General Reinsurance AG’s Executive Board.”

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. With $15.8 billion in capital and $11.5 billion in premiums, we only make promises we can keep.