News Releases

NEW YORK--(BUSINESS WIRE)--ACE Tempest Life Re, the life reinsurance business of the ACE Group of Companies, announced today the appointments of Rodney Cordle as Vice President and Chief Pricing Officer, and Edward P. Scheuy as Vice President of Underwriting and Treaty Administration. Both executives are based in Stamford, Connecticut and report to Ronald Colligan, President and Chief Operating Officer, ACE Tempest Life Re.

Mr. Cordle is responsible for all pricing activities and will also play a significant role in marketing life insurance and annuity reinsurance products. He brings with him 18 years of traditional life actuarial experience, 13 of which have been directly involved in traditional life reinsurance marketing, pricing and valuation. Prior to assuming his new position, Mr. Cordle spent the last eight years in Bermuda providing direct off-shore reinsurance solutions to clients, of which the last two years were with ACE Tempest Life Re. Before joining ACE Mr. Cordle was a pricing actuary at Allianz Re in Minneapolis. He holds a bachelor’s degree in Mathematics from Iowa State University, and is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

Mr. Scheuy is responsible for all underwriting activities as well as treaty administration. Before joining ACE, Mr. Scheuy was Assistant Vice President of Life Reinsurance for The Lincoln National Life Insurance Company in Hartford, Connecticut, with responsibilities for underwriting integration and strategy development. Before joining Lincoln in 1998, he was Vice President of Underwriting and Administration for Lincoln’s former subsidiary, Security Connecticut Life Insurance Company in Avon, Connecticut. Mr. Scheuy earned his bachelor’s degree in Business Administration from Central Connecticut State College in 1973.

“I am delighted that Rod and Ed have agreed to join ACE Tempest Life Re” Mr. Colligan said. “Rod’s high level of technical experience and expertise, combined with his insight into the primary and reinsurance business, brings significant additional strength to our organization. Ed’s underwriting and reinsurance management experience with companies with diverse distribution systems will serve our clients and employees well. His presence also reinforces our desire to build a staff of senior level professionals who truly understand our clients’business.”

The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE: ACE), a component of the Standard & Poor’s 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at www.acelimited.com.