After running the specialist reinsurer into the ground, John C. Head III has resigned as chairman, director and employee of Bermuda-domiciled ESG Re.His departure was announced in ESG Re’s latest earnings release in which it reported a net loss of $12.4 million for the 12 months ended December 31, 2004, compared with a loss of $11.8 million in 2003.
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Bermuda Insurance Market David Newkirk ESG Re John Head III Madie Ivy