American Re Appoints Jack Snyder Senior Vice President.Business Editors PRINCETON, N.J.--(BUSINESS WIRE)--Jan. 3, 2001 American Re announced that John H. Snyder has been appointed Senior Vice President of American Re-Insurance Company, effective January 16, 2001. Mr. Snyder will join American Re from the A.M. Best Company in Oldwick, New Jersey Oldwick is an unincorporated area within Tewksbury Township in Hunterdon County, New Jersey, United States. The area is served as United States Postal Service ZIP Code 08858. As of the United States 2000 Census, the population for ZIP Code Tabulation Area 08858 was 177. , where he has been Executive Vice President and Chief Ratings Officer since 1990. At American Re, Mr. Snyder will oversee strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and will also have responsibility for two business units, American Re Strategic Investments, which provides capital and expertise to companies in both the insurance business and in businesses whose technologies or services support insurance clients, and AmRe-Solutions, which develops and implements e-business initiatives for American Re. He will also assist in marketing products and services to the Company's major clients. Edward J. Noonan, President and Chief Executive Officer of American Re, said, "Jack Snyder For the baseball catcher, see Jack Snyder (baseball)) Jack Snyder is a character on the American soap opera As The World Turns. He has been portrayed by actor Michael Park since April 1, 1997. has exceptional insight into the many issues facing the insurance and 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. industry today. We look forward to his joining American Re and sharing his unique experience and expertise with our clients." Prior to joining A.M. Best, Mr. Snyder was an insurance equity analyst with Firemark Consultants and Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. and started his career as an underwriter with General Reinsurance Company. He is a graduate of Bucknell University Bucknell University (bŭknĕl`), at Lewisburg, Pa.; coeducational; founded 1846 as the Univ. of Lewisburg. Its present name was adopted in 1886. Bucknell has a college of arts and sciences and a college of engineering. with a BS in Mechanical Engineering, and Cornell University with an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Finance. American Re, a member of the Munich Re Group, is one of the leading writers of reinsurance in the United States. Through its subsidiaries, it provides treaty and facultative reinsurance, insurance, and related services to insurance companies, other large businesses, government agencies, pools and other self-insurers, in the United States and abroad. The Munich Re Group, whose business also includes primary insurance and asset management, has a preeminent position in the global reinsurance industry. It is headed by Munich Reinsurance Company of Munich, Germany, and includes reinsurance subsidiaries, branches, service companies and liaison offices in more than 60 locations worldwide, serving insurers in more than 150 countries. |
|
|||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion