Monday, November 2, 2009

Reinsurance company actuary buys in Palatine

encompass insurance

Christopher Najim and Mei Yu bought a two-bath home at 625 Kimball Ave. in Palatine from Edward R. Marsey for $423,500 on Sept. 8.

The 2,143-square-foot house, which was built in 1979, is in the Southwest Palatine neighborhood.

Najim is an actuary with the Swiss Reinsurance America Corp., a diversified global reinsurer headquartered in Switzerland. He had worked as associate actuary at Safeco Insurance and as an senior actuarial analyst at Encompass Insurance.

He earned a degree in mathematics from Knox College and his M.S. and Ph.D. degrees in statistics from the University of Iowa.

According to, there were 850 sales in Palatine in 2008, with a median price of $226,500.