Tokio Millennium Re boosts board

Tokio Millennium Re, the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance, has strengthened its board with the founding chief executive officer of Paris Re.

Hans-Peter Gerhardt joins the board as an independent non-executive director.

Gerhardt has held CEO positions at Paris Re, which was later acquired by PartnerRe, and Axa Re.  He also served as chairman of AXA Liabilities Managers.

“We are delighted to have Peter join TMR’s board. As we continue to enhance our business, we look forward to the knowledge and insight that Peter will bring from his more than 30 years of reinsurance experience,” said Ian Brimecome, chairman of the board for Tokio Millennium Re.