PEOPLE - INSURANCE

PEOPLE - INSURANCE

GUARDIAN ROYAL EXCHANGE INSURANCE GROUP (New York) - Victor M. Yerrill has been appointed an executive director of the parent company, Guardian Royal Exchange PLC, based in London.

Mr. Yerrill has been chairman and chief executive of the U.S. company since 1974. He is also responsible for all North and South American business activities for Guardian Royal Exchange PLC.The appointment became effective Sept. 1.

GRE Insurance Group writes property and casualty, nonstandard auto and marine insurance through various regional operations across the United States. Net written premiums for 1994 were over $500 million.