Jon Schriber has been named president of Arch Reinsurance (Arch Re), effective from 1 August.
Schriber will be based in New Jersey and will be responsible for Arch’s US-based reinsurance operation’s underwriting portfolio and oversight of the entity’s overall strategy.
Schriber has nearly 30 years of experience in the reinsurance industry.
He will join Arch from Connecticut-based PartnerRe, where he most recently served as chief underwriting officer, property and casualty Americas.
Prior to that, he held senior roles at W.R. Berkley Corporation, ACE USA and General Reinsurance Corporation.
Peder Moeller, who had served as Arch Re’s CEO, will be returning to Europe by year-end in a senior role to help advance Arch Re Europe’s strategic efforts.
Commenting on Schriber’s hire, Maamoun Rajeh, chairman and CEO of Arch Worldwide Reinsurance Group, says: “He is well-regarded as a leader, has excellent underwriting acumen and a keen sense for cycle management.”
Rajeh adds: “I [also] want to thank Peder Moeller for leading Arch Re for the last several years and the work he did shaping our overall US operations. I am happy he will finally be reuniting with his family in Denmark.”