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Hannover Re US and Somerset Re Announce CEO Transition, Further Expanding Reinsurers’ Collaboration in the Life and Annuity Market

Somerset Reinsurance Ltd. (Somerset Re) reports that Patrick Kelleher, the firm’s founding CEO, has announced his retirement, effective December 31, 2020. Jeff Burt, currently President of Hannover Life Reassurance Company of and Chairman of Somerset Re, will assume the role of Somerset Re’s CEO upon Mr. Kelleher’s retirement.

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Hamilton, Bermuda, [February 4, 2026]. Somerset Reinsurance Ltd. (“Somerset Re”), a leading provider of asset-intensive reinsurance solutions to the life...

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[Hamilton, Bermuda, February 18, 2025] – Somerset Re has a strong history of successful deal execution over its last decade...

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[Hamilton, Bermuda, March 26, 2025] – Somerset Reinsurance Ltd. (“Somerset Re”), a leading reinsurer for life insurance and annuity companies,...

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