Barrowclough to oversee PFI’s Bermuda platforms as President

Group 1 - Joseph Barrowclough has been appointed President of Bermuda Reinsurance at Prudential Financial Inc. (PFI), overseeing Gibraltar Re and Lotus Re [1] - Gibraltar Re and Lotus Re are wholly-owned subsidiaries of PFI, acting as internal reinsurers and focusing on capital efficiency for affiliated Prudential operations, particularly in managing longevity and asset risk from US and Japanese pension and annuity businesses [3] - Barrowclough aims to continue building out the company's Bermuda platforms, expressing enthusiasm for the challenges ahead and the support of his team [4] Group 2 - Barrowclough has nearly three years of experience with PFI, having joined the Bermuda platforms in 2023, and has previously served as Chief Actuary and Chief Financial Officer [4] - Before joining PFI, Barrowclough spent a decade at St. James's Place Wealth Management, where he held various positions [5]