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06.10.2004 – 13:09

Alea Group Holdings (Bermuda) Ltd.

Alea Group Names Keith F. Anderson Senior Vice President, Corporate Marketing and Communications

Bermuda (ots/PRNewswire)

Alea Group Holdings (Bermuda) Ltd., the
global specialty insurance and reinsurance company, announced today
that it appointed Keith F. Anderson as Senior Vice President,
Corporate Marketing and Communications.
"As Alea Group's presence in the global insurance marketplace
increases, communications with our many constituents becomes
increasingly important," said Mark Ricciardelli, President and Chief
Executive Officer of Alea Group. "Keith's depth of experience in both
the broader communications field and the property/casualty industry
in particular will serve us well in our efforts to reach out to
customers, agents and brokers."
Mr. Anderson will have responsibility for both internal and
external communications, including corporate branding and
advertising, press relations, marketing services and our external and
internal website informational content.
Mr. Anderson joins Alea after serving as the Chief Communications
Officer for Travelers Property Casualty, having joined that company
in 1993. Prior to Travelers, he served as the Chief Operating Officer
at Carl Byoir & Associates, a New York based public relations firm.
Mr. Anderson began his career at NASA during the Apollo program
then moved into the corporate arena serving in positions of
increasing responsibility in the petroleum industry, including the
post of senior press officer for Gulf Oil Corporation. In 1983, he
joined PepsiCo as Director of Corporate Communications.
Mr. Anderson will be based in Alea Group's office in Rocky Hill,
Connecticut and will report directly to Mr. Ricciardelli. He holds a
Bachelor of Science degree in Journalism from West Virginia
University.
ABOUT ALEA GROUP
Alea is a global specialty insurance and reinsurance company with
expertise in a wide range of property and casualty insurance,
reinsurance, program and finite risk products and services. Alea
maintains a significant presence in major insurance and reinsurance
markets worldwide. Alea is headquartered in Hamilton, Bermuda and has
ongoing operations in the United Kingdom, the United States, Bermuda,
Switzerland, Australia and Jersey. The Company's largest shareholder
is an affiliate of Kohlberg Kravis Roberts & Co. Alea is publicly
traded on the London Stock Exchange under the ticker "ALEA". For more
information on Alea Group, see http://www.aleagroup.com.
For further information please contact:
    Media:  Keith Anderson       Analysts & Investors: Peter Brown
            +1-860-258-6550                          +44-20-7621-3383
                                 Financial Dynamics: Robert Bailhache
                                                     +44-20-7269-7200
Certain statements made in this press release that are not based
on current or historical facts are forward-looking in nature
including, without limitation, statements containing words
"believes," "anticipates," "plans," "projects," "intends," "expects,"
"estimates," "predicts," and words of similar import. All statements
other than statements of historical facts including, without
limitation, those regarding Alea Group Holdings (Bermuda) Ltd's
financial position, business strategy, plans and objectives of
management for future operations (including development plans and
objectives relating to Alea Group Holdings (Bermuda) Ltd's products
and services) are forward-looking statements. Such forward-looking
statements involve known and unknown risks, uncertainties and other
important factors that could cause the actual results, performance or
achievements of Alea Group Holdings (Bermuda) Ltd to be materially
different form future results, performance or achievements expressed
or implied by such forward-looking statements. In particular,
forecasting of reserves for future losses is based on historical
experience and future assumptions. As a result they are inherently
subjective and may fluctuate based on actual future experience and
changes to current or future trends in the legal, social or economic
environment. Such forward-looking statements are based on numerous
assumptions regarding Alea Group Holdings (Bermuda) Ltd present and
future business strategies and the environment in which Alea Group
Holdings (Bermuda) Ltd will operate in the future. These
forward-looking statements speak only as at the date of the document
or other information concerned. Alea Group Holdings (Bermuda) Ltd
expressly disclaims any obligations or undertaking to disseminate any
updates or revisions to any forward-looking statements contained
herein to reflect any changes in Alea Group Holdings (Bermuda) Ltd 's
expectations with regard thereto or any change in events, conditions
or circumstances on which any such statement is based.
Web site: http://www.aleagroup.com

Contact:

Media, Keith Anderson, +1-860-258-6550 or Analysts & Investors, Peter
Brown, +44-20-7621-3383, both of Alea Group; or Robert Bailhache of
Financial Dynamics, +44-20-7269-7200/FCMN Contact: anna.marsh@fd.com

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