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29.06.2006 – 19:01

London Reinsurance Group

Senior Appointment at London Life and Casualty (Barbados) Corporation

    London (ots/PRNewswire)

The Shareholder and Directors of London Life and Casualty (Barbados)  Corporation (LLCBC) announce the retirement of Philip Young from the  position of President and CEO and as a Director.

    Philip has been an active member of senior management within the London  Reinsurance Group (LRG) companies since 1991. He has contributed greatly to  LRG's success and to integrating the reinsurance businesses of LRG and  Canada Life, which together form the reinsurance operations of Great-West Life.

    Iain Caskie will take over as Chief Operating Officer effective June 30,  2006. Iain has been Chief Financial Officer of LLCBC since 2002 and is a  member of the Institutes of Chartered Accountants in Scotland and Barbados.  Under Iain's leadership, a smooth transition of duties and responsibilities  is well underway, and clients can expect a continuation of product and  service excellence.

    LLCBC looks forward to continued growth in Property & Casualty and Life  markets through personal attention to clients, the development of client  focused reinsurance products and the maintenance of its reputation as a  secure, well capitalized leader in the reinsurance market.

    LLCBC is a member of the London Reinsurance Group, which is wholly owned by London Life Insurance Company (London Life). Canada Life and London Life are subsidiaries of The Great-West Life Assurance Company.  Great-West and its subsidiaries have more than CDN$134 billion in assets under administration and are members of the Power Financial Corporation group of companies.

ots Originaltext: London Reinsurance Group
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For further information: about LLCBC and its products, contact Iain
Caskie at +1-(246)-436-1200. Media inquiries: contact Libbie
Jennings, +1-(416)-552-5598