Donald Kramer

Donald Kramer, retired chairman of Ariel Holdings Ltd., has a long history in the insurance and reinsurance business. He was the vice chairman of ACE Limited following its acquisition of Tempest Re, a company he founded and served as its initial CEO. He also was the founder and chairman of NAC Re, a company subsequently acquired by XL Capital. Kramer has also held numerous senior executive positions — CEO, president, chairman or general partner — in insurance, banking and investments. He is a director of the National Benefit Life Insurance Company of New York (a subsidiary of Primerica Corp).

In Bermuda, Kramer serves as a co-chairman of Bermuda First, a think tank dedicated to helping Bermuda deal with strategic issues to improve the island’s key business and social sectors.

Kramer is also the chairman of the board of the National Dance Foundation of Bermuda, a board member of the American Ballet Theater and a trustee of the Brooklyn College Foundation. He holds an M.B.A. from New York University, an honorary doctorate in humane letters, a B.A. in economics from Brooklyn College and the professional designation of CFA (chartered financial analyst).

Kramer has earned numerous awards, including a lifetime achievement award from the Bermuda Insurance Institute, another from Reactions magazine and several “Man of the Year” awards from charitable institutions that he supports.

 


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