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, a wholly -owned subsidiary of Great
American Insurance Company based in Cincinnati, OH. Through the operations
of Great American Insurance Group, AFG is engaged primarily in property and
casualty insurance , focusing on specialized commercial products for
businesses, and in the sale of retirement annuities , life and supplemental
health insurance products. He also is a past
president of the Casualty Actuarial Society (CAS).

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The Academy is a 15,000-member non-profit, non-partisan professional
association representing all actuaries practicing in the United States.

Individual actuarial consultants , and consulting firms, small and large.

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is an underwriting manager for insurance companies in the Great
American Pooled Insurance Companies, a grouping of affiliated insurers led by
Great American Insurance Company.

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Lehmann succeeds Peter L.

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Neil A. Bethel Promoted to President of Great American Custom

newscom. The Great American Pooled Insurance
Companies are members of the Great American Insurance Group whose parent
company is American Financial Group, Inc.

actuaries payers

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Currently living in Los Angeles,
Mr .

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Prior to his employment with Great
American Custom, he spent more than 24 years as a consulting actuary for
Tillinghast/Towers Perrin. Perkins who is now Academy
president.
He has previously served as vice president of the Academy's Casualty
Practice Council and on the Academy board of directors .

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He assumed his post on October 11, at the Academy annual meeting in
Washington, D.
Lehmann 's expertise includes the development of pricing strategies, which
includes the coordination of underwriting and rating programs, credit score
analysis, financial examinations, loss reserve opinions, rate filings ,
residual market studies, and rate return analysis. Lehmann also has testified
before regulatory and legislative bodies about a variety of insurance matters
including ratemaking, risk classification and rate of return.

irmscher actuaries

Bethel is a Fellow of the Casualty Actuarial Society and a Member of
the American Academy of Actuaries. Bethel has lived most of
his life in California and earned his Bachelor of Arts degree from the
University of California in Santa Barbara.C. Lehmann has authored
several articles including the professional paper "Contingency Margins in Rate
Calculations," and the CAS forum paper "Building a Public Access PC-Based DFA
Model., the Academy conducts an extensive public policy program
at the state, federal, and international levels, bringing actuarial expertise
to bear on issues such as Social Security, Medicare, insurance regulation, and
pension reform. The Academy also sets and maintains standards of actuarial
qualification and practice.

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Bethel had been the
Chief Financial Officer and Chief Actuary of Great American Custom since 2001. (NYSE: AFG). As president -elect, Lehmann will be a member of the Academy's
presidential advisory committee, executive committee , and its board of
directors.

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Mr.C.

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Lehmann is a
graduate of the University of Illinois.

reserving actuaries

Lehmann New Academy President-Elect

Lehmann, MAAA, FCAS, FSA,
FCIA, principal and consulting actuary with Pinnacle Actuarial Resources in
Bloomington, IL, has been elected president-elect of the American Academy of
Actuaries.

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CINCINNATI, Great American Insurance
Group has announced the promotion of Neil A.com/cgi-bin/prnh/20041208/CLW086LOGO )
Mr.
Based in Los Angeles, California , Great American Custom Insurance
Services, Inc.

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Bethel to President of Great
American Custom Insurance Services, Inc.

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(Logo: http://www. Based
in Washington, D.

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" In addition to being a member of the Academy, he is a fellow of both
the Society of Actuaries and the Canadian Institute of Actuaries, and an
honorary fellow of the Institute of Actuaries (England).

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A native of Seattle , Mr. WASHINGTON, Steven G.

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Bethel directs the activities of Great American Custom's California
offices in LA, San Diego and Woodland Hills as well as operations in Boston,
Chicago, Cincinnati and Seattle .