Sirius Strengthens Casualty Team

7/24/2017

Sirius Adds to Casualty Team with Key Hire

Sirius Group adds depth and talent to the casualty reinsurance platform it established last year with the addition of Erik Soria as Vice President - Casualty.

Joining Sirius Bermuda Insurance Company Ltd. (“Sirius Bermuda”), Erik will report directly to Sirius Bermuda CEO Warren Trace and will be the underwriter for the casualty portfolio. Prior to joining Sirius Bermuda, Erik was most recently a Vice President at QBE Re Bermuda, where he started their on island P&C portfolios in 2014 as well as established the inner workings of the Bermuda division. During his tenure at QBE Re Bermuda, he was highlighted as a “Rising Star” by Intelligent Insurer and a “Talent Shining Through” by Bermuda Insurance Magazine. He had previous stints with QBE Re in New York and operated as a reinsurance broker at both Willis Re and AonBenfield.

“I have known Erik for nearly his entire career and am thrilled that we could bring onboard a person of such high caliber,” said Warren Trace. “He brings to Sirius an extensive casualty background with an invigorating energy that complements nicely with our group-wide efforts to expand into this line.”

Sirius began efforts to expand its writings in casualty reinsurance last year when Robert McFadden joined the New York office of the group to lead the initiative. Sirius International Insurance Group, Ltd. (“Sirius Group”) is an international, multi-billion dollar company with worldwide interests in insurance and reinsurance. A subsidiary of CMIG International, Sirius Group is a Bermuda based holding company with (re)insurance operating companies in Bermuda, Stockholm, New York and London. Utilizing disciplined and professional underwriting, superior risk evaluation and best-in-class pricing technology, Sirius Group’s subsidiaries provide multiline (re) insurance capacity in over 140 countries. Additional information is available at Sirius Group's web site located at http://www.siriusgroup.com/.

For questions regarding this announcement, please contact:

Kip Oberting, Chief Financial Officer, Sirius International Insurance Group, Ltd. – 603.640.2212
Warren Trace, Chief Executive Officer, Sirius Bermuda Insurance Company Ltd. – 441.278.3141

© 2018 Sirius International Insurance Group Ltd. All Rights Reserved.

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