Arch Re mines PartnerRe C-suite for top leadership role
Arch Reinsurance Company (Arch Re), a wholly owned subsidiary of Arch Capital Group, has tapped a C-suite leader from rival PartnerRe to head up its US underwriting portfolio and growth strategy.
Jonathan Schriber (pictured) will join Arch Re as president with effect from August 1. He will replace Arch Re CEO Peder Moeller, who will relocate to Europe in a senior role to help advance its European strategy.
Schriber will be based in the company’s Morristown, New Jersey, office and will have responsibility for Arch’s US-based reinsurance operation’s underwriting portfolio and oversight of the entity’s overall strategy.
Schriber comes to Arch Re from PartnerRe where he most recently served as chief underwriting officer, P&C Americas. He has nearly 30 years of experience in the reinsurance industry, including senior roles at WR Berkley, ACE USA, and General Reinsurance.
Maamoun Rajeh, chairman and CEO of Arch Worldwide Reinsurance Group, said: “I am thrilled to welcome Jon to Arch Re. He has a wealth of industry experience and a demonstrated ability to deliver results. He is well-regarded as a leader, has excellent underwriting acumen, and a keen sense for cycle management. I’m looking forward to Arch Re Co.’s continued success under his direction.”
Rajeh added: “I want to thank Peder Moeller for leading Arch Re Co. for the last several years and the work he did shaping our overall US operations. I am happy he will finally be reuniting with his family in Denmark and am excited for our European team to benefit from his leadership and drive.”
Schriber commented: “I’m honoured to take the role of President of Arch Re. I’ve always held Arch in high regard and have been very impressed with the trajectory of the company. I look forward to working with my new colleagues as we focus on continuing to be the first call for our clients and building on the success of the business for many years to come.”
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