ALEA Alea

RNS Number:7527D
Alea Group Holdings(Bermuda) Ltd
06 October 2004


                       Alea Group Names Keith F. Anderson
          Senior Vice President, Corporate Marketing and Communications

BERMUDA (6 October, 2004) - Alea Group Holdings (Bermuda) Ltd., the global
specialty insurance and reinsurance company, announced today that it appointed
Keith F. Anderson as Senior Vice President, Corporate Marketing and
Communications.

"As Alea Group's presence in the global insurance marketplace increases,
communications with our many constituents becomes increasingly important," said
Mark Ricciardelli, President and Chief Executive Officer of Alea Group. "Keith's
depth of experience in both the broader communications field and the property/
casualty industry in particular will serve us well in our efforts to reach out
to customers, agents and brokers."

Mr. Anderson will have responsibility for both internal and external
communications, including corporate branding and advertising, press relations,
marketing services and our external and internal website informational content.

Mr. Anderson joins Alea after serving as the Chief Communications Officer for
Travelers Property Casualty, having joined that company in 1993. Prior to
Travelers, he served as the Chief Operating Officer at Carl Byoir & Associates,
a New York based public relations firm.

Mr. Anderson began his career at NASA during the Apollo program then moved into
the corporate arena serving in positions of increasing responsibility in the
petroleum industry, including the post of senior press officer for Gulf Oil
Corporation. In 1983, he joined PepsiCo as Director of Corporate Communications.

Mr. Anderson will be based in Alea Group's office in Rocky Hill, Connecticut and
will report directly to Mr. Ricciardelli. He holds a Bachelor of Science degree
in Journalism from West Virginia University.


ABOUT ALEA GROUP

Alea is a global specialty insurance and reinsurance company with expertise in a
wide range of property and casualty insurance, reinsurance, program and finite
risk products and services. Alea maintains a significant presence in major
insurance and reinsurance markets worldwide. Alea is headquartered in Hamilton,
Bermuda and has ongoing operations in the United Kingdom, the United States,
Bermuda, Switzerland, Australia and Jersey. The Company's largest shareholder is
an affiliate of Kohlberg Kravis Roberts & Co. Alea is publicly traded on the
London Stock Exchange under the ticker "ALEA". For more information on Alea
Group, see www.aleagroup.com.

For further information please contact:

Media: Keith Anderson +1 860 258 6550

Analysts & Investors: Peter Brown +44 20 7621 3383

Financial Dynamics
Robert Bailhache  +44 20 7269 7200

Certain statements made in this press release that are not based on current or
historical facts are forward-looking in nature including, without limitation,
statements containing words "believes," "anticipates," "plans," "projects,"
"intends," "expects," "estimates," "predicts," and words of similar import. All
statements other than statements of historical facts including, without
limitation, those regarding Alea Group Holdings (Bermuda) Ltd's financial
position, business strategy, plans and objectives of management for future
operations (including development plans and objectives relating to Alea Group
Holdings (Bermuda) Ltd's products and services) are forward-looking statements.
Such forward-looking statements involve known and unknown risks, uncertainties
and other important factors that could cause the actual results, performance or
achievements of Alea Group Holdings (Bermuda) Ltd to be materially different
form future results, performance or achievements expressed or implied by such
forward-looking statements. In particular, forecasting of reserves for future
losses is based on historical experience and future assumptions. As a result
they are inherently subjective and may fluctuate based on actual future
experience and changes to current or future trends in the legal, social or
economic environment. Such forward-looking statements are based on numerous
assumptions regarding Alea Group Holdings (Bermuda) Ltd present and future
business strategies and the environment in which Alea Group Holdings (Bermuda)
Ltd will operate in the future. These forward-looking statements speak only as
at the date of the document or other information concerned. Alea Group Holdings
(Bermuda) Ltd expressly disclaims any obligations or undertaking to disseminate
any updates or revisions to any forward-looking statements contained herein to
reflect any changes in Alea Group Holdings (Bermuda) Ltd 's expectations with
regard thereto or any change in events, conditions or circumstances on which any
such statement is based.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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