Gen Re has appointed Eddy Fabrizio as General Reinsurance Life Australia managing director (MD) following the departure of previous MD Michael Molesworth.
As Gen Re's previous deputy general manager and actuary, Fabrizio has been with the insurer since 1992. The company has subsequently announced that James Louw, who has more than 10 years experience working at Gen Re, will move into Fabrizio's position.
Commenting on Molesworth's departure, regional manager for Gen Re life/health Asia Pacific Wolfgang Droste commended the former MD on his ability to build a profitable franchise in a challenging market environment.
Gen Re is one of the largest reinsurers in the world with a network of more than 40 branch and subsidiary offices in key reinsurance markets.
