Zurich, Switzerland - Zurich Financial Services Group, a property/casualty insurance company, promoted John LaGrassa to senior vice president and director of ceded reinsurance.In his new position, LaGrassa will be responsible for all of Zurich's ceded reinsurance functions in North America, including the placement and analysis of all treaties for Zurich North America Commercial business units and Zurich Global Corporate in North America. LaGrassa also will have governance responsibility for treaty, captive and facultative reinsurance.

LaGrassa joined Zurich in 2003. Prior to that, he was the underwriting director at Gerling Global Financial Products in New York. His career also includes positions at Aon Re, Continental Insurance and Marine Office America Corp.

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