ACE INA Appoints Paul O'Connell Chief Actuary.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Aug. 21, 2002 ACE INA today announced the appointment of Paul G. O'Connell to chief actuary. O'Connell will report to Susan Rivera, president of ACE INA Holdings, Inc. Based in Philadelphia, O'Connell will have overall responsibility for all aspects of the actuarial function within the U.S. and Canadian operations of ACE INA. "Paul brings a tremendous amount of experience in the financial and insurance industries that will significantly add to the strength of our senior management team," said Susan Rivera, president, ACE INA Holdings, Inc. "His considerable knowledge of the actuarial function and proven track record in achieving business results will be instrumental in helping us to achieve our strategic goals." O'Connell has more than twenty-four years of experience in the property and casualty insurance industry, most recently with PricewaterhouseCoopers (PWC) LLP, where he served as a principal and leader of the Actuarial & Insurance Management Solutions (AIMS) group. Prior to that, he worked at Continental Insurance Company for more than 15 years in various actuarial management positions, including serving as vice president and deputy chief actuary. Additionally, Paul has worked at Crum & Forster Insurance as vice president and actuary. Paul holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in mathematics from Brooklyn College. He is a Fellow of the Casualty Actuarial Society The Casualty Actuarial Society (CAS) is a professional society of actuaries. Its members are mainly involved in the property and casualty areas of the actuarial profession. (FCAS), a member of the American Academy of Actuaries The The American Academy of Actuaries, also known as the “Academy” or the AAA, is the body that represents and unites United States actuaries in all practice areas. (MAAA), and is a Fellow of the Canadian Institute of Actuaries The Canadian Institute of Actuaries is the national organization of the actuarial profession in Canada. It was incorporated on March 18, 1965. The FCIA designation stands for Fellow of the Canadian Institute of Actuaries. (FCIA FCIA See: Foreign Credit Insurance Association ). ACE INA Holdings Inc., whose ultimate parent is ACE Limited (NYSE NYSE See: New York Stock Exchange :ACE), provides insurance and reinsurance products and services through operating subsidiaries for a diverse group of clients around the world. Additional information can be found at www.ace-ina.com |
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