10 May 2006 16:02
Kiln PLC10 May 2006 Kiln plc Andrew Hitchcox joins Kiln as chief actuary and risk officer Kiln plc, which owns leading Lloyd's managing agent R J Kiln & Company, hasappointed Andrew Hitchcox to a newly created post of chief actuary and riskofficer. Mr Hitchcox held a similar position at Swiss Re UK. He has over twentyyears experience in the actuarial profession and has been a member of theInstitute of Actuaries' General Insurance Board since 2004. The move by Kiln isin line with the company's rigorous approach to risk management which isintegrated throughout the company. Mr Hitchcox will develop Kiln's riskmanagement approach, including taking responsibility for the company'scatastrophe modelling capability and providing an actuarial perspective on itsoperations. Commenting on the appointment, Kiln's chief executive officer Edward Creasysaid: 'I am delighted that such a well known and respected industry figure as AndrewHitchcox is joining Kiln. His standing reflects the company's commitment to thehighest standards of risk analysis.' Mr Hitchcox will join Kiln on 1 June. 10 May 2006 Enquiries: Kiln plc 020 7886 9000Edward CreasyKate Rogers College Hill 020 7457 2020Roddy Watt Notes to Editors: Kiln, established in 1962, is an international insurance andreinsurance underwriting group that specialises in complex, unusual risk. Kilnplc is listed on the London Stock Exchange. Its operating subsidiary, R J Kiln &Co Limited has £803 million of capacity under management for the 2006 year ofaccount, making it one of the largest agencies trading in the Lloyd's of Londoninsurance market. A recognised leader in each of the five main business areas in which itoperates: reinsurance, accident and health, aviation, marine and special risks,and property, Kiln enjoys a security rating of 'A' (Strong) assigned to Lloyd'sby Standard and Poor's. This information is provided by RNS The company news service from the London Stock Exchange