Industry veteran Sima Ruparelia is to join PartnerRe Ltd, the Bermudian-based global re/insurer, as chief actuarial and risk officer.

Ms Ruparelia will be responsible for risk and capital, non-life reserving and pricing and life reserving (2nd line).

She will be based in London and will report to PartnerRe’s president and CEO Jacques Bonneau, as a member of the company’s executive leadership team.

Ms Ruparelia held the role of chief actuary and portfolio manager for UK, Europe, Global Specialty and Talbot, the Europe legal entity for AIG, from 2016 until 2021.

Before that, she served as group actuary for Catlin and as UK chief actuary for XL Catlin, and held actuarial positions at Ernst and Young, Equitas and Pinnacle Insurance.

Mr Bonneau said: “This position represents functions that play an important role in both our business and strategic decision-making and I am pleased to welcome a risk and actuarial professional with Sima’s experience.

“She brings more than 20 years of expertise in the P&C insurance industry and her track record in leading and shaping large and complex pricing and reserving strategies make her an excellent fit for this role.”

Ms Ruparelia is a fellow of the Institute and Faculty of Actuaries. She earned her bachelor’s degree in mathematics from Loughborough University.