Houldsworth sacked by General Re
John Houldsworth, who has pleaded guilty in the US to one charge of conspiring with others to misstate the accounts of insurance giant American International Group, had been chief executive of General Re's Dublin subsidiary Cologne Re until 2001 and was still employed in a senior capacity.
He stepped down as chief executive in June 2001, but remained on as its chief property and casualty underwriter. The company placed Mr Houldsworth on paid leave last month while the investigations of its dealings with AIG was carried out.
