in 2001, which she describes as “a very special business culture”,
she has led several acquisitions and startup opportunities that
“taught me great lessons”.
“Being in the trenches gives you a window on many aspects of
the insurance business that I’ve been able to draw upon in my
current role at Gen Re.”
But, she says, her biggest task has been, like that of any male
CEO, generating profitable growth. “Transitioning into my role as
Gen Re’s CEO in the midst of the current market environment—
figuring out how to navigate a large organisation efficiently, make
good, quick decisions, and understand the impact on us and our
clients—has been stimulating,” she says.
“I don’t want to lose the action orientation of a small company
or overlook the benefits of the depth of connections in a company
the size of Gen Re. Fortunately, they are not mutually exclusive.
And I have the advantage of a world-class team of associates who
are working every day to ensure that we can build and broaden
mutually beneficial relationships with our clients.” ■
Influential women in re/insurance
“As with all high-tech products, catastrophe models have
to undergo constant innovation to remain state of the art and
incorporate the latest scientific advancements and data.
“The recent North America Earthquake model is an example.
The daily challenge is to get the right balance between the model
complexity needed to simulate the real world accurately on one
side, and model performance and speed to market on the other,”
Such direct industry-specific problems are echoed by Kara
Raiguel, president and CEO of General Re Corporation. She too
ended up in the industry because of a love of maths, which led her
initially to work in the actuarial field.
“I enjoy the problem-solving aspect of the business. It requires a
combination of maths and people skills to solve problems in our
business. We are not just building spreadsheets; we work side-by-
side with our clients to solve the known problems and help
identify and think through those that they may not yet realise,”
Raiguel adds that after joining the Berkshire Group of companies
AnnuAl Review 2016
Our Annual Review contains a letter from our President and CEO Kara Raiguel,
selected consolidated financial data, featured stories from Gen Re associates
around the world, and an overview of our leadership team.
Learn more, visit:
www.intelligentinsurer.com 2017 | INTELLIGENT INSURER | 9