Frank Schmid

Frank A. Schmid is an insurance executive and financial economist whose career bridges Fortune 500 corporate leadership, central banking, and academia. He serves as Senior Advisor at General Reinsurance Corporation (Gen Re), where he was previously Chief Technology Officer.

At American International Group, Dr. Schmid was the lead architect of the AIG–Berkshire Hathaway Adverse Development Cover — a $10 billion retroactive reinsurance transaction and the largest of its kind at the time of execution — and built the Federal Reserve System's stress-test model for the Property & Casualty insurance sector.

Earlier in his career, Dr. Schmid served as Senior Economist at the Federal Reserve Bank of St. Louis and as Senior Research Fellow at The Wharton School. He has held faculty appointments at Auckland University of Technology, the University of Lüneburg, and Goethe University Frankfurt, and holds a Dr. habil. in finance from the University of Lüneburg.