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October 21, 2004

Alea Group Names Thomas A. Weidman Group Chief Actuary

Alea Group Holdings (Bermuda) Ltd., the global specialty insurance and reinsurance company, announced today that it appointed Thomas A. Weidman, FCAS, MAAA, as Group Chief Actuary.

"Alea has built an excellent reputation for disciplined underwriting and actuarial practices," said Mark Ricciardelli, President and Chief Executive Officer of Alea Group. "Today, we are further strengthening these technical functions with the addition of Tom Weidman to our executive team. Tom will be charged with further developing our group-wide pricing and reserving policies and ensuring that we apply industry best practices to these critical functions."

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Posted by Tom Troceen