HAMILTON, Bermuda--(BUSINESS WIRE)--
Montpelier Reinsurance Ltd., the Bermuda reinsurance subsidiary of
Montpelier Re Holdings Ltd. (NYSE: MRH), announced today that it has
named Dr. Gero Michel Head of Risk Analytics, a new position at the
Company, effective July 1, 2012.
Dr. Michel will focus on enhancing Montpelier’s risk analysis efforts
for natural catastrophe exposed businesses including research,
development, portfolio optimization and other underwriting initiatives.
He will report directly to Christopher Schaper, President of Montpelier
Mr. Schaper said, “Gero brings a wealth of intellectual capabilities,
business experience and leadership qualities to Montpelier, and I look
forward to working with him. Improving the assessment of risks and
translating that knowledge into better underwriting decisions are key
challenges in our industry, and the addition of Gero further strengthens
our team in these areas.”
Dr. Michel has nearly three decades of experience analyzing natural
disasters and risk, most recently as Managing Director of Willis
Research Network and Head of Product Development for Willis Global.
Previously, he led international property catastrophe underwriting at
Endurance Bermuda. Earlier, he headed climate model development at RMS
and was senior analyst at Hannover Re DE and Hannover Re Bermuda. Dr.
Michel has a PhD and MSc in Geosciences from the
Eberhard-Karls-Universität Tübingen, Germany and has also completed
executive education at Harvard Business School. Prior to working for the
industry, he was an academic leader at the GeoForschungsZentrum Potsdam
and lecturer at the University of Freiberg, Germany.
Montpelier, through its operating subsidiaries, is a premier provider of
global property and casualty reinsurance and insurance products.
Additional information can be found at www.montpelierre.bm.
Montpelier Re Holdings Ltd.Investors:William Pollett,
441-299-7576SVP, Chief Corporate Development and Strategy Officer
and TreasurerorMedia:Jeannine Menzies, 441-299-7570Corporate
Source: Montpelier Reinsurance Ltd.