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Farmington, CT, October 9, 2012 … Mr. Jerry Lynch, Chairman and CEO of General Re–New England Asset Management, Inc. (GR–NEAM) announced that Mr. Mark M. Yu has joined GR–NEAM as an Enterprise Risk Management professional. Mr. Yu is responsible for GR–NEAM’s capital management and enterprise risk activities for life insurance companies, reporting to Jim Bachman Ph.D., Vice President Capital Management, GR–NEAM.
Bill Rotatori, President of GR–NEAM commented, “Enterprise risk management plays an increasingly important role in product development and asset management within the life insurance industry as new regulatory schemes are adopted and demographics evolve in the United States. We are very excited to have Mark join our firm and help us to meet the evolving asset and capital management requirements of our life insurance clients.”
Mr. Yu has over 13 years of insurance industry experience. Prior to joining GR–NEAM, Mr. Yu was a senior risk manager within the Governance and Strategy team at AIG Enterprise Risk Management. Prior to working at AIG ERM, he was a Senior Vice President and Treasury Director within the Group Capital Management division of Swiss Re. Mr. Yu holds a B.A. from National Tsing Hua University in Taiwan and a M.S. from the University of Iowa. He is a Fellow of the Society of Actuaries, a CFA charterholder, a Financial Risk Manager, and a Member of the American Academy of Actuaries.
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GR–NEAM is an SEC-registered investment advisor that specializes in offering capital and investment management services primarily to the insurance industry. GR–NEAM is a wholly-owned subsidiary of General Re Corporation. General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations that operates under the brand name of Gen Re.
All rights reserved. This publication has been prepared solely for general informational purposes and does not constitute investment advice or a recommendation with respect to any particular security, investment product or strategy. Nothing contained herein constitutes an offer to provide investment or money management services, nor is it an offer to buy or sell any security or financial instrument. NEAM does not offer legal advice and readers should consult their own independent legal advisors before relying on any information herein. The investment views expressed herein constitute judgments as of the date of this material and are subject to change at any time without notice. Future results may differ significantly from those stated in forward-looking statements, depending on factors such as changes in securities or financial markets or general economic conditions. While every effort has been made to ensure the accuracy of the information contained herein, neither New England Asset Management, Inc. (“NEAM, Inc.”) nor New England Asset Management Limited (together, “NEAM”) guarantee the completeness, accuracy or timeliness of this publication and any opinions contained herein are subject to change without notice. This publication may not be reproduced or disseminated in any form without express written permission. NEAM, Inc. is an SEC registered Investment Advisor located in Farmington, CT. This designation does not imply a certain level of skill or training. In the EU this publication is presented by New England Asset Management Limited, a wholly owned subsidiary of NEAM, Inc. with offices located in Dublin, Ireland and London, UK. New England Asset Management Limited is regulated by the Central Bank of Ireland. New England Asset Management Limited is authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request. This is not an offer to conduct business in any jurisdiction in which New England Asset Management, Inc. and New England Asset Management Limited are not registered or authorized to conduct business.
