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ADVISORY/ERC P&C Re Americas Names Chief Underwriting Officer.


Business Editors

ADVISORY...for WEDNESDAY

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Employers Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  Corporation (ERC (database) ERC - An extended entity-relationship model. ), a GE company (NYSE NYSE

See: New York Stock Exchange
:GE), today named

Mike Moncada to the role of Chief Underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 Officer for its P&C Re Americas business unit. Moncada joins ERC from American Re-Insurance Company where he was Senior Vice President and General Manager for American Re's Broker Group.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 5, 2001
Words:143
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