Converium Holding Ltd., based in Zug, Switzerland, said it hasappointed Inga Kristine Beale as new chief executive officer forthe company that has been battered by stockholder lawsuits andquestions about reserves and accounting.
A British citizen, she currently is CEO and chairman of theboard of management of GE Frankona R?ckversicherungs-AG, Munich,Germany, and leader of GE Insurance Solutions' property-casualtyreinsurance business written in Continental Europe, the Middle Eastand Africa.
Ms. Beale, Converium said, will replace Terry Clarke and beginher new role at Converium in early 2006. Mr. Clarke, a member ofthe board of Converium Holding Ltd., took over as CEO at the end ofFebruary 2005.
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