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