underwriting officer of subsidiary LaSalle Re Ltd.

Mr. Stockton will also be senior vice president of LaSalle Re which writes high severity, low frequency reinsurance on worldwide basis.

He brings more than 20 years of experience in the reinsurance industry to the position, and joined the company five years ago with a mandate to develop the worldwide book of business.

President and CEO Guy Hengesbaugh said: "Mark has made a valuable contribution to LaSalle over its five years of operations.

"As chief underwriting office he will play a leading role in further refining the company's underwriting policies.

"With Mark's dedication and experience, along with that of our underwriting team, LaSalle Re is well positioned to prosper in a changing market environment.'' Mark Stockton BUSINESS BUC