Pinette to head reinsurance broker's European life operations

Reinsurance broker Guy Carpenter has appointed Franck Pinette as chief executive officer of its European life reinsurance operations, starting 1 December 2010.

Pinette’s most recent position was managing director of worldwide life reinsurance at Bermuda-based reinsurer PartnerRe.

Guy Carpenter’s CEO of European operations Nick Frankland said the company is looking forward to working with Pinette, adding: “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.”

PartnerRe announced Pinette’s replacement Dean Graham yesterday. Graham is currently deputy head of PartnerRe’s life unit.