Regional reinsurer to be based in Argentina

Ariel Fernandez Dirube is a high profile figure in the Argentine insurance and reinsurance market. His last position was as director of General Cologne Re (Sur) Cia. de Reaseguros SA, the Buenos Aires reinsurance subsidiary of the Berkshire Hathaway group. In the light of the economic and financial developments that Argentina has undergone since December 2001, he is setting up, together with Alberto Saenz, the former president of General Cologne Re in Argentina, a regional reinsurance company to be based in Buenos Aires.