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<U>AIG TALENT TO HEAD FOR BERMUDA COMPANIES</U>American International Group Inc., the insurer that committed more than $1 billion to employees to get them to stay, has lost at least 42 managers to competitors. The following table, listing employees who have departed for Bermuda-based companies since AIG was rescued by the US government in September, was compiled from company statements and news reports. Some company names have been abbreviated for space.

AIG TALENT TO HEAD FOR BERMUDA COMPANIES

American International Group Inc., the insurer that committed more than $1 billion to employees to get them to stay, has lost at least 42 managers to competitors. The following table, listing employees who have departed for Bermuda-based companies since AIG was rescued by the US government in September, was compiled from company statements and news reports. Some company names have been abbreviated for space.

Company Name New Role Announced

Ace Ltd. Nikolay Dmitriev Country manager, Russia Oct. 29

Ace Ltd. Chris Strong Environmental risk underwriter Dec. 16

Ace Ltd. Robert Purdy SVP, workers compensation Feb. 17

Allied Katherine Richardson SVP, human resources May. 6

Allied Michael Costello SVP, Bermuda general casualty April 8

Allied Mike Hoffmann SVP, Bermuda and intl products April 8

Allied Karl Jordan VP, general casualty April 8

Arch Gordon Kerr CEO, Canadian operations Nov. 14

Darwin Becky Cox VP, healthcare development May 28

Mercury Thomas Greene SVP, employment practices Feb. 17

Hiscox Robert Cruz VP, U.S. terrorism underwriting Dec. 22

Hiscox Bob Gadaleta SVP, management liability Dec. 17

Hiscox Chris Leisz SVP, management liability Dec. 17

Hiscox John Tutera VP, construction property Dec. 22

Hudson Paul Parello VP, underwriting in Chicago Jan. 12

Ironshore Kevin Kelley CEO Dec. 9

Ironshore Shaun Kelly Head of U.S. operations Dec. 9

Ironshore Tim McAuliffe President/ specialty casualty Apr. 9

Ironshore Anthony Mammolite VP, of US Property Unit Apr. 20

Ironshore Edward Mazman SVP, US property unit Apr. 27

Ironshore Andrew Archambault SVP, Reinsurance Apr. 23

Ironshore Susan Kostro VP, Underwriting Mar. 23

Ironshore Geoff Smith Head of excess liability Jan. 15

Iron-Starr Michael Warwicker Chief Operating Officer May 4

Validus David Hawksby CEO, new technical lines unit Dec. 22