NU Online News Service, April 21, 1:57 p.m. EDT

Zurich-based PERILS AG, a new company established to aggregate and provide European catastrophe insurance data, announced that Luzi Hitz has been appointed chief executive officer.

Mr. Hitz previously managed the international property and casualty treaty business for Pf?ffikon, Switzerland-based Glacier Group, an insurance and reinsurance organization. Prior to his Glacier post he was Swiss Re's head of property and casualty treaty underwriting for the Greater China region.

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