Specialty insurer RLI Corp. of Peoria, Ill., has launched a new healthcare liability unit, RLI Healthcare, and tapped Scott Ducey, former vice president of the healthcare division at Torus, to lead the new division as vice president. RLI Healthcare will …
San Diego, CA, October 20, 2014– Atlas General Insurance Services, LLC, a national multi-line program manager, today announced it has entered into a partnership with the global specialty insurer, Torus, to offer a new workers’ compensation program. The Atlas program …
Bermuda-based Enstar Group Ltd., a firm that typically acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off, has agreed to buy Torus Insurance Holdings Ltd. for $692 million to expand into …
Dermot O’Donohoe has been appointed group CEO of the Torus Group, the specialty insurer said. O’Donohoe succeeds Clive Tobin, who is retiring and stepping down as an officer and director following four years of leadership. The company said O’Donohoe will …
A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus Insurance (UK) Limited and Lichtenstein-based Torus Insurance (Europe) AG. Best …
The scope of the investigations that are unfolding in the wake of the charges against Barclay’s Bank that it rigged the London Interbank Offered Rate (Libor) have taken on the proportions of a major catastrophe. “17 of the 24 largest …
Global specialty insurer Torus announced that Tim Harris has joined the company as Group Chief Financial Officer. He is based in Torus’ London office, and reports to Clive Tobin, Torus Group Chief Executive. Harris has over 20 years’ experience in …
Global specialty insurer Torus announced that Tim Harris will be joining the company as Group Chief Financial Officer, subject to regulatory approval. He has more than 20 years’ experience in financial and capital management, and will also be appointed to …
Global specialty insurer Torus has appointed Gilles Rousseau as Senior Underwriter, General Property. He is based in Paris and has more than 30 years of underwriting experience, as well as “extensive knowledge of the French industrial property market.” Rousseau is …
Torus has entered the U.S. surety market with the launch of Torus Surety and the acquisition of First Sealord Surety Inc. The deal should be finalized in January 2012. Torus Surety will focus on providing contract surety in the United …
