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Press Release

GE Insurance Solutions Names Torben Thomsen to Lead its Continental Europe Life

October 24, 2005

LONDON--(BUSINESS WIRE)--Oct. 24, 2005--GE Insurance Solutions today announced the appointment of Torben Thomsen to lead its newly established Continental Europe Life & Health division.

Thomsen has been with GE Insurance Solutions for 17 years. He started his career with Nordisk Re as an Actuary in 1988 and has held a number of key roles in GE Insurance Solutions including leader of the Life department of the Copenhagen office and Executive for Sales and Pricing in the London office. Most recently Thomsen has led the company's Life & Health division in South, West and Northern Europe.

"Torben brings a high level of actuarial insight and credibility to this important role," said Alberto Izaga, President of European Life & Health at GE Insurance Solutions. "Continental Europe is a growing and dynamic market, and under Torben's leadership we aim to deliver practical risk expertise on a foundation of unparalleled customer service."

Thomsen holds a degree in Mathematics and Economics from the University of Aarhus and a degree in Actuarial Science from the University of Copenhagen.

The Continental Europe Life and Health division is formed by the joining of several existing business units, and includes the company's Life & Health offices in Copenhagen, Munich, Paris, Madrid, Milan, Athens and Tel Aviv. The company writes reinsurance products in these markets for mortality, disability, critical illness, long term care and medical expenses.

Wolf-Rudiger Heilmann, who was formerly leading the Life & Health division in Central & Eastern Europe, has left GE to pursue other opportunities.

"We are grateful to Wolf- Rudiger for his leadership, expertise and years of service and wish him well in his future endeavors," said Izaga.

GE Insurance Solutions (NYSE:GE) is a group of companies that protects people, property and reputations. With more than $48 billion in combined assets, GE Insurance Solutions is one of the world's leading providers of commercial insurance, reinsurance and risk management services. More information is available at www.geinsurancesolutions.com.

Contacts

GE Insurance Solutions
Andrea Pound, +44 20 7847 3414
[email protected]

Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340


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