Arch Insurance Group Announces the Opening of Arch's London Office and Names Lesley Andrea Heath Harding Managing Director for Property, Marine and Technical Risks Division -- London.Business Editors NEW YORK--(BUSINESS WIRE)--October 31, 2002--Arch Insurance Group, a division of Arch Capital Group Ltd., today announced that Lesley Andrea Heath Harding has been named to the position of Managing Director for the Property, Marine and Technical Risks Division, effective September 30, 2002. Ms. Harding will serve as senior executive of the UK subsidiary which will act as Arch's representative office in London. Ms. Harding, age 36, has over 14 years of experience in the marine insurance and 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. industries. Prior to joining Arch, Ms. Harding was Vice President and Senior Property Underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. of Swiss Re Swiss Re is the world’s largest reinsurer, now that it has acquired GE Insurance Solutions (Ligi 2006). Founded in 1863, Swiss Re now operates in more than 30 countries. General Electric owns 8.9% of the firm. New Markets in Zurich, Switzerland. Upon the introduction of the Deal Team concept, Ms. Harding was nominated nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. Deal Team Leader for Energy. As a member of management and property underwriter for the Energy Team, she also managed a traditional risk transfer portfolio of predominantly Fortune 2000 E&P companies. Prior to her work at Swiss Re, Ms. Harding was Assistant Manager and Underwriter at Heddington Insurance Limited, the captive insurer of Texaco Inc. in Bermuda. Lesley was responsible for underwriting Texaco's domestic Upstream and Midstream mid·stream n. 1. The middle part of a stream. 2. The part of a course that is neither at the beginning nor at the end: the midstream of life. Noun 1. property and liability exposures. Ms. Harding also previously served as Risk Manager and sat on various industry committees and advisory groups on behalf of Texaco Risk Management. |
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