New CFO for Annuity & Life

    Beleaguered reinsurer Annuity & Life Re (Holdings), Ltd. announced on February 25 that it has promoted John W. Lockwood to Chief Financial Officer.
    Lockwood will maintain his responsibilities as Vice President of U.S. Operations for Annuity and Life Re (Holdings), Ltd.’s U.S. subsidiary, Annuity and Life Re America, Inc., and its operating subsidiary, Annuity and Life Reassurance America, Inc.