Posted on 10 Sep 2010
Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist, on Thursday announced that Franck Pinette has been appointed as Chief Executive Officer of the firm's European Life Reinsurance operations, effective December 1, 2010.
Mr. Pinette will be based in Paris and will report to Nick Frankland, Chief Executive Officer of European Operations.
Most recently, Mr. Pinette was Managing Director of the Worldwide Life Reinsurance unit of PartnerRe Group, a position which he took up in March 1999. Prior to this, he held a number of senior roles at Mutuelles du Mans Reassurance and was General Manager of the Group’s Life Reinsurance Division from 1992-1999.
Nick Frankland, CEO of European Operations, Guy Carpenter & Company, said "We are delighted that Franck Pinette has joined Guy Carpenter. Franck has established an exceptional track record during his 22 years in the life reinsurance industry, and he is one of the most experienced and well respected professionals in the European market. We believe the timing is right for a reinsurance broker to offer a valuable alternative to the existing and limited provider channels in this market sector, especially given the immediate opportunities arising from the Solvency II regime. I look forward to working with him as we build a successful life reinsurance business in Europe."
“The hiring of Franck represents another example of Guy Carpenter’s commitment to provide solutions to all of our clients’ needs in both the European Property & Casualty, and now Life, markets," said Henry Keeling, President and Chief Executive Officer of International Operations, Guy Carpenter & Company.