Ala. Regulator Bell Named Chairman, Swiss Re America Holding Corp.

August 19, 2008

Swiss Re appointed Walter A. Bell as chairman of Swiss Re America Holding Corp. Bell, whose appointment with Swiss Re is effective Sept. 2, is currently insurance commissioner of the Alabama Department of Insurance, a position he has held since 2003.

Bell will provide supervisory governance of the Americas businesses for Swiss Re, reporting directly to Swiss Re CEO Jacques Aigrain. He will also oversee and direct regulatory and public affairs for all of Swiss Re’s North America businesses, helping provide state and federal legislators, regulators and others with the insights they need for effective policy-making.

During Bell’s tenure as Alabama Insurance Commissioner, he led efforts to streamline the organization, improving access to the department for consumers, producers and companies. The department was also recently accredited by the NAIC.

Bell, who has previously served as president of the National Association of Insurance Commissioners, is currently on the Executive Committee of the NAIC. In this function, he is also chairman of the NAIC International insurance Relations Committee, as well as a member of several other committees.

He was recently appointed to the board of directors of The Bermuda Monetary Authority, the organization’s first international member. He also serves as vice chairman of the Executive Committee of the International Association of Insurance Supervisors.

A native of Alabama, Bell has more than 20 years experience in the financial services sector. He is the retired vice president for diversity marketing for the MONY Group, a life insurance company.

Bell served as chairman of the Diversity Marketing Committee of the Life Insurance Marketing Research Association (LIMRA) and is a former member of the National Association of Insurance and Financial Advisors (NAIFA), the Million Dollar Roundtable and the Alabama Association of Life Underwriters. During his sales career, he was a member and past president of the Mobile Association of Life Underwriters.

Source: Swiss Re, www.swissre.com

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