Paul E. Dassenko

Managing Director at GIO

Battye Street, Bruce, Australian Capital Territory, Australia
HQ Phone:
+61 2 6256 6700
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Last Updated 11/25/2017

General Information

Employment History

Director  - Accredited Surety & Casualty Company , Inc.

President and Chief Executive Officer  - Risk Transfer Underwriting Inc

Certified Arbitrator  - ARIAS•U.S

AIDA Reinsurance & Insurance Arbitration Society

Underwriter  - Travelers Insurance


University of the Pacific McGeorge School of Law

B.A. degree  - Walla Walla College

J.D. degree  - McGeorge School of Law , University of the Pacific

graduate degree  - International Institute for Management Development

law degree  - University of the Pacific , McGeorge School of Law


Founding Member, Mediator  - AzuRe Advisors , Inc.

Member  - State Bar of California

Mediator  - ReMedi

Member International Advisory Board  - McGeorge School of Law

Member Board of Directors  - Grafton US Holdings, Inc.

Board Member  - American Pet Insurance Company

Member  - California Bar

Secretary  - Swiss Reinsurance Company America (f/k/a North American Re)

Chief Executive Officer  - Converium Ltd

Chief Operating Officer  - Cobalt

Web References  

Paul E. Dassenko | Remedi

Paul Dassenko
Paul E. Dassenko Founding Member, Mediator AzuRe Advisors, Inc., 445 Park Avenue, 9th Floor, New York, New York 10022 phone:+1 212 223 1606 fax:+1 212 223 1607 Paul is a recognized leader in alternative dispute resolution, having been appointed in over a hundred and sixty-five arbitrations and mediations in the U.S., the U.K., and Bermuda. Paul's success in mediation derives from combining his experience in arbitration and as a seasoned negotiator to the issues separating two or more parties. He is currently the sole shareholder and principal of AzuRe Advisors, Inc., a consulting company dedicated to alternative dispute resolution, litigation advice and consulting on capital management issues for the insurance industry. Paul started in the insurance business as a commercial property-casualty underwriting in 1976 and has held positions of increasing responsibility over the years, most recently as CEO of Converium Reinsurance (North America) and Converium Insurance (North America). Prior to assuming his responsibilities at Converium, Paul served as Managing Director of GIO Insurance Limited (Australia). His negotiation skills have been honed over the years through commutations generating collections of over $2 billion for the Transit Casualty Receiver and commutation programs which restored the balance sheet strength of GIO and Converium (North America). Paul is a Certified Arbitrator and Certified Umpire by ARIAS-U.S. He is one of the first to have been elevated to General Member status of the American Board of Neutrals Association. Paul has been a member in good standing of the State Bar of California since 1979.

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Senior Management Team

Paul E. Dassenko - President & Chief Executive Officer
Paul Dassenko is an internationally recognized leader in the field of insurance run-off, restructuring, and reorganization. He has also been responsible for two start-ups in the insurance space, most recently RTU. Paul's runoff, restructuring and reorganization experience includes his most recent position as President and CEO of Converium Reinsurance (North America) and Converium Insurance (North America). Following an increase in Converium's surplus by nearly $150m under Paul's leadership, the companies were sold to Berkshire Hathaway in December of 2006. Prior to Converium, Paul served as a Managing Director of GIO Insurance Limited (Australia) and started a run-off services company known as Cobalt Services Limited, offering run-off services for GIO's parent, AMP Ltd., as well as to third parties in the Australian market. GIO's portfolio of run-off business was sold to ENSTAR Group Ltd in 2008, following a competitve auction. Paul's career in the insurance industry started as an underwriter at The Travelers and proceeded to underwriting and management at Swiss Re and Munich Re. Following his departure from Munich Re in 1985, he started Tetris Group, Inc., a reinsurance intermediary based in San Francisco. Tetris Group was sold to Marsh's Guy Carpenter unit in the early 1990's.

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ARIAS·U.S. Arbitrator | Paul Dassenko

Paul Edward Dassenko
ARIAS·U.S. Arbitrator | Paul Dassenko Paul Edward Dassenko Certified Arbitrator

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