John R. Coomber

AAA

DEFINITION of 'John R. Coomber'

The CEO of U.K.-based Pension Corporation, a company that helps defined-benefit pension funds manage risk, and a former CEO of Zurich-based reinsurance company Swiss Re. Coomber has also been the owner, chairman and non-executive director of UK-based technology services company Telent and the chairman of Mactavish, a research company serving the insurance industry. Coomber began his career with Phoenix Insurance Company in 1970, then joined Swiss Re in 1973 as an actuarial trainee, becoming the company's first non-Swiss CEO in 2003. He helped the company navigate the aftermath of 9/11, which heavily affected the insurance industry, and helped the company increase its revenue and earnings, making it the largest life reinsurance company in the world. He retired from Swiss Re in 2005.

INVESTOPEDIA EXPLAINS 'John R. Coomber'

Coomber was born in 1949 in England and educated at Nottingham University, where he majored in theoretical mechanics.Coomber is also chairman of an environmental advocacy organization called The Climate Group and a member of the Deutsche Bank Climate Advisory Panel.

RELATED TERMS
  1. Chairman

    An executive elected by a company's board of directors that is ...
  2. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  3. Corporate Action

    Any event that brings material change to a company and affects ...
  4. Corporate Governance

    The system of rules, practices and processes by which a company ...
  5. Inside Director

    A board member who is an employee, officer or stakeholder in ...
  6. Insider Information

    A non-public fact regarding the plans or condition of a publicly ...
Related Articles
  1. Insurance

    15 Insurance Policies You Don't Need

    Learn how to save money by saying "no" to unnecessary coverage.
  2. Home & Auto

    When Things Go Awry, Insurers Get Reinsured

    Guru Warren Buffett is making this sector popular. Learn more here.
  3. Home & Auto

    What is reinsurance?

    Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit the total loss the original insurer would experience in case of disaster. ...
  4. Facebook Developing New Technologies To Stay On Top
    Investing Basics

    Facebook's Quest For Relevance Leads To New Tech

    the seed from which Facebook sprouted was an immature, perhaps even tacky website that allowed the student community to vote on the appearance of their fellow students.
  5. Investing

    Patrick Byrne's Interest In Bitcoin Was A Good Call, It Turns Out

    Patric Byrne and his interest in Bitcoin is much beyond a 'publicity stunt' that many had initially alleged. He sees a future in cryptocurrency.
  6. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
    Professionals

    What is a SWOT Analysis?

    SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis is a management tool used to identify strategies for success. It may be used to guide individual thinking, group ...
  7. Charles Schwab saw a huge return on his investment in the small-investor market. Today, he serves as executive chairman and largest shareholder of his namesake brokerage, which oversees 9.3 million client accounts.
    Investing News

    How Much Money Does Charles Schwab Have?

    Charles Schwab saw a huge return on his investment in the small-investor market. Today, he serves as executive chairman and largest shareholder of his namesake brokerage, which oversees 9.3 million ...
  8. What do you do with your money when you're one of the world's wealthiest individuals? If you're Carlos Slim, you give a lot away.
    Investing News

    Where Does Carlos Slim Keep His Money?

    What do you do with your money when you're one of the world's wealthiest individuals? If you're Carlos Slim, you give a lot away.
  9. Bill Gates is one of the world's richest men, valued at USD $80 billion. Though much of the fortune is in investments, some of it is in rare works of art, real estate and collectibles.
    Entrepreneurship

    Where Does Bill Gates Keep His Money?

    Bill Gates is one of the world's richest men, valued at USD $80 billion. Though much of the fortune is in investments, some of it is in rare works of art, real estate and collectibles.
  10. Investing News

    How Carlos Slim Built His Fortune

    How did Carlos Slim HelĂș get to be so wealthy? Here's a look at where the man came from and how he got to where he is.

You May Also Like

Hot Definitions
  1. Santa Claus Rally

    A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations ...
  2. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  3. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  4. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  5. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  6. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
Trading Center