Willis Re’s Underwood Appointed to Board of Casualty Actuarial Society

October 16, 2008

Willis Re, the reinsurance arm of global broker Willis Group Holdings, announced from its London headquarters the election of Alice Underwood to the Board of Directors of the Casualty Actuarial Society (CAS) for a three year term.

“In her new role Underwood will work closely with existing CAS Directors to advance knowledge within actuarial science as well as foster new research and learning opportunities for actuaries,” said the bulletin. “She has served as Assistant Secretary of the Board of Directors since 2006 and has held a number of leadership positions with the Casualty Actuaries of Greater New York, including President in 2008.”

Within Willis Re, Underwood leads the Actuarial practice for North America and provides analytical and risk management services for clients in various lines of business. She joined Willis Re in April 2006 and has over 12 years of insurance industry experience having started her actuarial career with Zurich Re in 1996. Underwood holds a Ph.D. in Mathematics from Princeton University and a B.S. with Highest Honors in Mathematics from The University of Texas.

CAS Board Chairman, Tom Myers said; “We are delighted to welcome Alice Underwood onto the Board of CAS. Her international experience and her background in academia will be assets to the Board as we work to enhance the reputation of our profession as well as expand the role of casualty actuaries in spheres such as Enterprise Risk Management.”

The Casualty Actuarial Society is a professional organisation whose purpose is the advancement of the body of knowledge of actuarial science applied to property, casualty and similar risk exposures. Among its 4,800 members are experts in property-casualty insurance, reinsurance, finance, risk management and enterprise risk management.

Source: Willis Group Holdings – www.willis.com

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