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.

BREAKING DOWN '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.

  1. Reinsurance Credit

    An accounting entry made by an insurer for premiums ceded to ...
  2. Schedule F

    A section in an annual insurance statement in which reinsurance ...
  3. Yearly Renewable Term Plan of Reinsurance

    A yearly renewable term plan of reinsurance is a type of life ...
  4. Ceding Company

    A ceding company is an insurance company that passes a part or ...
  5. Reinsurance Ticket

    A notification made by an insurer which discloses the different ...
  6. Lead Reinsurer

    The reinsurer responsible for negotiating the terms and rates ...
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