Ari Lindner Appointed President of ACE Tempest Life Re.HAMILTON, Bermuda -- The ACE Tempest Re Group, which oversees the 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. operations within the ACE Group of Companies, today announced the appointment of Ari Lindner to the position of President of ACE Tempest Life Reinsurance Ltd. ("ACE Tempest Life Re"). Mr. Lindner's appointment is subject to approval from the Bermuda Department of Labour and Immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. . Reporting to David Furby, President and Chief Executive Officer of ACE Tempest Re Group, Mr. Lindner is responsible for the day-to-day management of ACE Tempest Life Re, the ACE Group's life and annuity reinsurance operation. The Bermuda-based reinsurer focuses on niche markets, especially variable annuity death and living benefit guarantees, and recently expanded its product offering to include more traditional forms of mortality risk reinsurance. "I am delighted to appoint Ari to this position," Mr. Furby commented. "Ari has clearly demonstrated a capability to profitably grow the company's life reinsurance portfolio and I have every confidence in his ability to lead ACE Tempest Life Re as it establishes itself in the traditional life reinsurance market." In his previous position Mr. Lindner served as Senior Vice President and Chief Life Officer for ACE Tempest Life Re. He joined the company in August 2000 from AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery Re Life Insurance Company where he served as Vice President in the Reinsurance Solutions division. Mr. Lindner 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 Economics from The Wharton School. He is a Fellow of the Society of Actuaries Mission Statement The Society of Actuaries is a professional organization for actuaries based in North America. Its headquarters are located in Schaumburg, Illinois. and 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. . The ACE Tempest Re Group oversees the reinsurance operations within the ACE Group of Companies. Headed by ACE Limited (NYSE NYSE See: New York Stock Exchange :ACE), a component of the Standard & Poor's 500 stock index, the ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. The ACE Group conducts its business on a worldwide basis with operating subsidiaries in approximately 50 countries. Additional information can be found at: http://www.acelimited.com. |
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