PartnerRe changes organizational structure of Canadian business following Paris Re acquisition

PartnerRe has changed its organizational structure following its acquisition of Paris Re, with PartnerRe U.S. expanding to include Canadian business, thereby becoming PartnerRe North America.
“PartnerRe’s Canada operations, formerly part of the Global P&C business unit, will combine with the Paris Re Canada operations, and will become one business unit,” PartnerRe announced in a press release. “This change recognizes PartnerRe’s increased presence in Canada and aligns the Canadian business under one North America underwriting and management structure.”
Hervé Castella will lead the Canada business unit. He joined PartnerRe in 1999; during his time with the company, he has held the positions of underwriter in the company’s ART unit and head of research for the catastrophe unit.
Most recently, he has held the position of head account executive.
Castella will be based in the Toronto office and will report to Tad Walker, president and CEO of PartnerRe North America.
“With the addition of Canada and the former Paris Re U.S. business, the PartnerRe North America operations will increase in size and will consist of four business units,” the company announced in the release. “Standard lines, specialty lines, managed programs and Canada.”