Canada Life Reinsurance Appoints New Leader for Property & Casualty Unit

Canada Life Reinsurance has appointed Eamon Loughnane as the new leader of its global property and casualty (P&C) business unit.

Loughnane will succeed Gabriel Kelly, who is set to retire after a 33-year tenure with the company.

Kelly has overseen the P&C sector since the early 2000s.

Loughnane comes from the company’s life reinsurance business in Europe and has experience developing frameworks for assessing and executing new structures.

His transition into the role will be supported by Kelly, who will continue to oversee the P&C business until 30 March 2025. After that, Kelly will dedicate three months to assist with the transition process.

Canada Life Reinsurance CEO Jeff Poulin said: “We are immensely grateful for Gabriel’s unwavering commitment, dedication, and loyalty. His leadership has been a driving force behind our success, and we look forward to celebrating his extraordinary career as he approaches retirement.”

Poulin added: “I couldn’t be more pleased to have Eamon take on this new role. I have every confidence he will continue to build on our success and capitalize on the opportunities we have before us.”

Canada Life Reinsurance global COO Derek Popkes stated: “It is an honour to have worked with Gabriel over the past 25 years. I could not be more excited about the prospects for the P&C business and team he has built.”

Canada Life Reinsurance offers a range of risk and capital management solutions, covering mortality, longevity, health, and lapse risks for insurers, reinsurers, and pension funds globally.

The division operates under the Canada Life Assurance Company and its subsidiaries and affiliates, serving clients across the US, Europe, the Middle East, and Asia.

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