Michael Kim has been appointed as Global Head of Project Management, based in Jersey City. He will also be a member of Torus’ Executive Management Team.

David Whyman has been appointed Senior Vice President, UK Head of Casualty, based in London. Reporting to David Perez, President and CUO of Global Casualty, Mr. Whyman will develop offerings for the London Market.

Mathew G. Munson has been appointed VP Regional Operating Officer. Based in Chicago, he will spearhead Torus' Central and Midwest broker focus strategy
to enhance Torus’ U.S. presence through directing local relationship management and driving superior service delivery for clients and brokers.

Esther Fittinghoff-Hansen has been appointed Professional Lines Manager and Kurt Fleischmann as Senior Casualty Underwriter. Based in Cologne and Zurich, both will target buyers in Austria, Germany and Switzerland for their respective product lines.

Torus has appointed sector specialist Adrianne Vigueras as Vice President to develop tailored environmental products for small and midsized businesses in the US.

 

Torus has completed the acquisition of Glacier Insurance AG from the Glacier Group. The Liechtenstein-headquartered specialty insurer, which has branch offices in Zurich, Cologne and London, will be renamed Torus Insurance (Europe) AG...

Torus has appointed Demian Smith as Global Head of Marine with immediate effect.

 

Torus UK today announced its entry into the Financial Lines marketplace in London through a newly formed underwriting agency TORUS EXECUTIVE RISKS LTD (TER).

Torus has announced additional equity investment of $185 million to support the continued expansion of its specialty insurance and reinsurance businesses. The additional financing will increase Torus’ equity capital to over $1 billion.

Torus has appointed Alex Maza to oversee its US Management Liability platform, effective immediately. Reporting.

 

Torus has opened a West Coast office located in San Francisco, California. The office will initially focus on property and casualty lines, coinciding with the appointments of sector specialists Kim Kihara as Vice President of General Property and Eleanor Howell as Vice President of Casualty.

Louis Scott has been appointed to Torus’ Power & Utilities team in London with immediate effect. He will report to Global Head of Power & Utilities, Ben Wilson, working closely with the now ten-strong team, five of which are in London.

Torus has appointed Carl Groth as Group Chief Risk Officer with immediate effect. Based in New Jersey and reporting to Chief Executive Clive Tobin, Mr. Groth will drive the development of a comprehensive and integrated enterprise risk management programme for the Group worldwide.

Following the launch of Continental European operations in September 2009, Torus has appointed Thomas Guesde as SVP of its new European Casualty platform. With limits of up to €25 million the new platform is available on both a primary and excess basis.

David Ring has today joined Torus to lead its newly created London-based general property team. As UK Head of General Property, David is responsible for managing and growing the UK and European general property underwriting portfolio. Kelly Sanders and Chris Ray have been appointed as Senior Underwriters.

Bob Allen has been appointed as US Head of Healthcare. With 20 years of healthcare liability experience, Mr. Allen will oversee all of Torus’ US medical professional liability underwriting, reporting directly to Dermot O’Donohoe, Chief Underwriting Officer for Global Specialty. He is based in Torus’ Jersey City office.

Angie Adams, Adam Newman and Wayne Jacobson, a renewable energy underwriting team since 2002, join Torus to write primary lines of general liability and auto liability for renewable energy. Based in New Jersey the team will also have umbrella and excess capacity.

Jackie Richardson has been appointed Head of Global Human Resources. Her experience in workforce development, talent management, employee relations, training, and organisational design and development will help Torus attract, develop and retain talented people as it continues to grow.

Tim Fillingham has been appointed as the UK Chief Operating Officer (UK COO) for Torus Insurance (UK) Limited.

Torus announced that its parent, First Reserve Corporation, has agreed to amalgamate the business of its other major insurance investment vehicle, Sideris Re, within Torus. The addition of Sideris Re will increase Torus’ capital by around $79 million.

Torus today announced that its parent, First Reserve Corporation, has agreed to amalgamate the business of its other major insurance investment vehicle, Sideris Re, within Torus. The addition of Sideris Re will increase Torus’ capital by around $79 million.

Torus Re has appointed David Whiting as Senior Casualty Reinsurance Underwriter, with immediate effect. In this role Mr. Whiting is responsible for all of Torus Re’s casualty underwriting and reports directly to Tim Mardon, Torus Re’s President and Chief Underwriting Officer.

Torus continues to build its onshore energy team with the appointments of Onshore Energy Underwriter, Amanda Ewen, and Risk Engineer, Mohammed Hanif. Based in London, each brings extensive global downstream expertise to the existing team and will report to Torus’ Head of Global Onshore Energy, Philip Sexton.

To ensure the optimal integration of its global business processes, Torus has appointed Premal Mehta as Country Manager for its office in India. In this new role, Mr. Mehta will run the day to day operations from Torus’s India office and will liaise with Torus’s teams worldwide. He will report to New Jersey-based Global Head of Business Operations, John Williams.

Torus is further diversifying its product offerings with the appointment of Simon Urry to the position of Senior Casualty Underwriter, with immediate effect. Mr. Urry, who has over 30 years experience in liability insurance, joins Torus’ Offshore Energy team in London, reporting to Head of Global Offshore Energy, David Message. He will also work closely with Torus’ Head of Global Casualty, David Perez, who is based in Bermuda.

Torus has established Torus (Bermuda) Services Ltd. as a Managing General Agent in Bermuda for Torus Insurance (UK) Limited to provide enhanced service to its customers, increase the depth of current product offerings and expand its distribution network. In addition, Torus’ global casualty team has also expanded with the appointments of Lane Schaffer and Mark St. Aoro.

To help with the provision of local support services for brokers in North America, Torus has expanded its construction team with the appointment of Richard Girden to the position of Vice President, Senior Underwriter.

Christopher Johnson has joined Torus’ rapidly expanding Global Onshore Energy team as Senior Underwriter. He brings over 20 years’ of London Market experience to boost the team’s global offerings.

Torus has appointed Dermot O’Donohoe as Chief Underwriting Officer of its new Global Specialty division and Chief Operating Officer of Torus in the UK & Continental Europe. In support of this new role, Marc van der Veer has been recruited as Chief Underwriting Officer for Specialty Europe and Managing Director of Torus’ European platform.

Torus Specialty can now write $10 million in capacity for umbrella and excess liability placements. Further capacity increases are expected in the coming months. The team, led by Linc Trimble, has also increased its headcount with the appointments of Regional Vice Presidents Todd Dixon, Doris Pacelli and Maryann DelRio.

In a move to expand its book of business into frontier markets, Torus has appointed Eastern European specialist, David Turp, as Senior Underwriter, Offshore Energy. Mr. Turp will join Torus’ London-based global Offshore Energy team, now led by David Message, on October 1, 2009.

Torus has appointed Naveen Anand as Global Chief Operating Officer. He will be based in New Jersey and will report directly to Clive Tobin, Torus’ Chief Executive. Mr. Anand will also be Chief Executive for Torus’ US operations and Chief Underwriting Officer for US Specialty Lines. 

Torus Insurance, the global specialty insurer, today announced the appointment of William K. McArthur as Vice President, Senior Power & Utilities Underwriter, with immediate effect. McArthur will report to London-based Ben Wilson, Global Head of Torus’ Power & Utilities Practice. In addition Torus has appointed Dennis Johnson and Mark Mowinski as Vice Presidents, Senior Property Underwriters, responsible for underwriting in the Mid West. They will both report to Steve Fomchenko, Torus’ Global Head of General Property Underwriting.

Torus Insurance Holdings Limited today announced the appointment of Tim Mardon as President and Chief Underwriting Officer of Torus Re with immediate effect. He will report directly to Clive Tobin, Chief Executive of Torus.

 

 

Torus has appointed Debbie Landes as Vice President, Senior Onshore Energy Underwriter, in its recently opened Houston office, with immediate effect. Landes will report to London-based Philip Sexton, head of Torus’ Global Onshore Energy Practice. She joins Torus’ Onshore Energy Engineering Practice Leader, Peter Wong, who has been in situ since April this year.

Torus Specialty Insurance Company now has authority to write surplus lines in 42 states across America. This follows the recent confirmation of its license to write property and casualty business in the State of Delaware and the affirmation of Torus Specialty’s A- (excellent) financial strength rating by AM Best

 

 

Torus Specialty Insurance Company has had an A- (Excellent) financial strength rating, with a stable outlook, affirmed by A.M. Best. See the full release from A M Best here.

Torus Insurance (Holdings) Ltd today announced the appointment of Linc Trimble as US Head of Excess Casualty headquartered in New Jersey.

 

 

Torus Insurance (Holdings) Ltd today announced the appointment of Linc Trimble as U.S. Head of Excess Casualty headquartered in New Jersey.

Torus Insurance (Holdings) Ltd today announced the appointment of John J. Williams as Global Head of Business Operations. Mr. Williams will be responsible for business architecture, management and execution of workflow processes including Torus’ offshore operations in India.

Torus is pleased to announce that David Message, currently at XL insurance, will take charge of Torus’ offshore underwriting team in London, at a date to be determined.

Torus Insurance today announced that it is offering up to $50 million excess liability capacity which can be accessed through its new Bermuda office.

Torus Insurance Holdings (Bermuda) Limited announced today that it has entered into a strategic transaction with New Castle Re in Bermuda in which it acquires any rights to renewals and the potential to assume the unearned premium portfolio on a selected group of New Castle Re contracts.

Torus Insurance Holdings Limited today announced, with immediate effect, the appointment of Bob Klepper as President and Chief Underwriting Officer - Global Property. Mr. Klepper will also be President of Torus Specialty Insurance, Inc., a US excess and surplus lines insurer. He will report to David Hope, Chief Underwriting Officer. 

Torus Insurance Holdings Limited announced today that it has appointed David T Perez as President and Chief Underwriting Officer – Global Casualty, with effect from October 14th.

Torus Insurance Holdings Ltd today announced that it has appointed Clive Tobin as the Group’s Chief Executive Officer, effective January 1, 2009. He will succeed interim Chief Executive Officer David Hope who will continue as Chief Underwriting Officer.

Torus Insurance Holdings Limited (Torus) has entered into a definitive agreement to acquire Praetorian Specialty Insurance Company (PSIC) from Praetorian Insurance Company, a member company of QBE the Americas. PSIC is eligible to do business as an Excess and Surplus Lines insurer in 42 jurisdictions in the US.

First Reserve Corporation has joined forces with a group of senior insurance practitioners to create a new specialist insurance company, Torus Insurance Holdings Limited (Bermuda).