Zurich Names Senior VP for Ceded Reinsurance for North America

September 7, 2006

Schaumburg, Ill.-based Zurich recently announced that John LaGrassa has been promoted to senior vice president and director of Ceded Reinsurance.

In his new position, LaGrassa will be responsible for all of Zurich’s ceded reinsurance functions in North America, including the placement and analysis of all treaties for Zurich North America Commercial business units and Zurich Global Corporate in North America. LaGrassa also will have governance responsibility for treaty, captive and facultative reinsurance.

LaGrassa joined Zurich in 2003. Prior to that, he was the underwriting director at Gerling Global Financial Products in New York. His career also includes positions at Aon Re, Continental Insurance and Marine Office America Corp.

Zurich Financial Services Group (Zurich) is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe, as well as in Asia Pacific, Latin America. In North America, Zurich is a commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, small business, specialties and programs sectors.

Source: Zurich Financial Services Group

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