21 January 2015 News

Gen Re P&C head resigns; prompts reshuffle

Mo Tooker, the global head of the property/casualty business of Gen Re, has resigned from the company, prompting a reshuffle.

His departure comes just two weeks after he was appointed as senior vice president of General Re Corporation, the group’s holding company.

Robert Jones and Carole Ferrero have been appointed as co-presidents of Gen Re. Jones will lead marketing and Ferrero will serve as global chief underwriter.

Additionally, Ken Lundgren has been promoted to vice chairman.

They will all report to Tad Montross, chairman and chief executive officer (CEO) of Gen Re.

Martin Hacala, global chief claims manager for the company, will assume Jones’ 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.

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.”


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More on this story

Insurance
4 April 2023   Appointees include its chief risk officer who has been with the business for 30+ years.
Insurance
19 January 2022   The reinsure has revealed new joint managing directors of General Reinsurance Africa.
Insurance
11 May 2021   Lack of face to face meetings hit sales hard, according to Gen Re’s US Individual Disability Market Survey.

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