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