Oct 11 (Reuters) – Brit Insurance Holdings B.V announced that its Chief Executive, Dane Douetil, will step down with effect from Oct. 27, a development that Fitch Ratings will be closely monitoring.

Douetil will be succeeded, subject to FSA approval, by Mark Cloutier, who has recently been working as an advisor to Brit Insurance in developing the group's future strategy.

Over time, Fitch will determine what implications this change in management will have for the future profile of Brit Insurance as well as any potential risks that may materialise as a result of the relatively short transition period.

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