Chartis Appoints Makoto Ozeki Chief Operating Officer of Chartis Far East Holdings

Ozeki, formerly CEO of Zurich Insurance Company Japan, rejoins Chartis to further strengthen regional management team



NEW YORK, Wednesday, August 4th 2010 [ME NewsWire]:

(BUSINESS WIRE)-- Chartis today announced the appointment of Makoto (“Mike”) Ozeki to the newly created position of Executive Vice President and Chief Operating Officer of Chartis Far East Holdings, strengthening management oversight of Chartis in the Far East Region (Japan and Korea). Mr. Ozeki will be responsible for overseeing group business operations for Chartis’ Japan insurance companies, including AIU Insurance Company Japan Branch, American Home Assurance Company Japan Branch and JI Accident & Fire Insurance Company.


“I am extremely pleased to welcome Mike Ozeki back to Chartis. I expect that he will make a major contribution to improving our profitability across the group,” said Jose A. Hernandez, President and Chief Executive Officer of Chartis Far East Holdings.


Mr. Ozeki joins Chartis from Zurich Insurance Company Japan, where he served as Chief Executive Officer. Prior to joining Zurich, he served in a variety of executive positions within AIG in Japan and Korea, including Regional Chief Financial Officer, Chief Financial Officer and Chief Operating Officer of AIG Star Life Insurance Co.; and Chief Marketing Officer of AIU Insurance Company Japan Branch. In his role as Regional CFO of AIG Companies Japan & Korea, Mr. Ozeki was involved in various M&A activities, and also led AIG strategic alliance projects with Orix Corporation and Fuji Fire and Marine Insurance. A graduate of the Tokyo Metropolitan University, Mr. Ozeki first joined AIG in 1975.


About Chartis


Chartis is a world leading property-casualty and general insurance organization serving more than 45 million clients in over 160 countries and jurisdictions. With a 90-year history, one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.


Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at http://www.chartisinsurance.com. All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.


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