Canterbury Financial Group Inc. Announces New President and Chief Operating Officer.Business Editors STAMFORD, Conn.--(BUSINESS WIRE)--Nov. 27, 2000 Canterbury Financial Group Inc. announced today the appointment of Peter R. Ziesing to the position of President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Mr. Ziesing, 44, joined Trenwick America 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 as a Vice President in the reinsurance underwriting department in 1995 and was promoted to Senior Vice President in 1996. Mr. Ziesing received his B.A. from Trinity College Trinity College, Ireland: see Dublin, Univ. of. Trinity College Private liberal arts college in Hartford, Conn., founded in 1823. It is historically affiliated with the Episcopal church, though its curriculum is nonsectarian. in 1979. Mr. Ziesing is replacing Michael J. Warfield, who is leaving Canterbury Financial Group to pursue other interests. Canterbury Financial Group underwrites U.S. property and casualty insurance through specialty program administrators. Canterbury Financial Group is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Trenwick Group Ltd. Trenwick Group Ltd. is a Bermuda-based specialty insurance and reinsurance underwriting organization with five distribution platforms operating through its subsidiaries located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the United Kingdom and Bermuda. Each of Canterbury Financial Group's insurance subsidiaries is rated A (Excellent) by A. M. Best Company and has been assigned a financial strength rating of A+ by Standard & Poor's. |
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