AGM 19 June 2002

June 19, 2002

19th June 2002
For immediate release

Brit Insurance Holdings PLC
AGM
19th June 2002

Announcement of Resolutions at the Annual General Meeting held on 19 June 2002
The Board of Brit Insurance Holdings PLC ('Brit') announces that at its Annual General Meeting ('AGM') held on 19 June 2002 all resolutions proposed to the shareholders were passed.
Mr S D Clapham, Mr P Gaunt and Mr P R Withers Green did not stand for re-election as Directors and accordingly retired from the Board at the conclusion of the Company's Annual General Meeting earlier today.
The Board is pleased to announce that Mr C F Coates will succeed Mr J M P Welman as Chairman with effect from the announcement of the Company's interim results on 24 September 2002. Mr Welman will remain a Director of the Company.
 Clive Coates' CV follows.
Born 1944, Clive is a Fellow of the Chartered Association of Certified Accountants and has over thirty years' experience in the insurance industry. He was formerly Chief Executive of Eagle Star Insurance Company Limited, Group Deputy Chairman of Eagle Star Holdings PLC and Finance Director of British American Financial Services Limited until his retirement in December 1997. He has been non-executive Chairman of Brit Insurance Limited, Brit's FSA regulated insurance company, since September 1999 and is a Director of Zurich Financial Services UK Pension Trustees Limited, Eagle Star Executives' Pension Trustees Limited and Western Provident Association Limited.
Neil Eckert, Chief Executive Officer of Brit said: 'We are delighted to announce that Clive Coates will succeed Jo Welman after the interim results announcement. We would like to thank Dick Withers Green, Paul Gaunt and Simon Clapham for their service as Directors of the Company over a very testing period.'
The full text of the resolutions has been submitted to UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is located at The Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS
For further information please contact:
Neil Eckert, Chief Executive Officer of Brit Insurance Holdings PLC 020 7984 8511
David Haggie, Haggie Financial 020 7417 8989

Back To News