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Heinz-Werner Hof Joins IAU Board

Maritime Activity Reports, Inc.

January 13, 2003

The International Underwriting Association of London (IUA) has announced that Heinz-Werner Hof, CEO of Allianz Marine and Aviation, has joined its board. Hof was co-opted to the board at its meeting in December. Prior to his current role, Hof was a board member at Allianz-Elementar in Austria, responsible for the property & casualty division. From 1993-2000, he was a board member of Allianz Hamburg and Allianz Globus MAT, holding the chairman's position from 1999-2000. Before that, Hof held various senior management positions within the Allianz Group in Munich, which he joined as an underwriter after graduating in 1977.

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