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. Inside Director

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

    A non-public fact regarding the plans or condition of a publicly ...
  5. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  6. Outside Director

    Any member of a company's board of directors who is not an employee ...
Related Articles
  1. 15 Insurance Policies You Don't Need
    Insurance

    15 Insurance Policies You Don't Need

  2. When Things Go Awry, Insurers Get Reinsured
    Home & Auto

    When Things Go Awry, Insurers Get Reinsured

  3. What is reinsurance?
    Home & Auto

    What is reinsurance?

  4. Warren Buffett's Best Buys
    Insurance

    Warren Buffett's Best Buys

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center