Arch Reinsurance Ltd. is opening a branch office in Zurich, Switzerland. The new office will focus on regional business that is complementary to the existing relationships of Arch Re in Bermuda. The new office will also have a strong emphasis on the broker market.
The office will operate as Arch Reinsurance Ltd., Hamilton (Bermuda), European Branch Zurich, and will be headed by two new executives.
Helmut Söhler will serve as president and chief executive officer, and Björn Bucher will be the chief underwriting officer. Both executives have extensive experience in various lines in Europe. Söhler was most recently a board member of Gothaer, a German mutual insurer, and Bucher was previously chief underwriting officer at Alea Europe. Söhler will report to Marc Grandisson, chairman and chief executive officer of Arch Worldwide Reinsurance Group.
Source: Arch Capital Group Ltd.
Topics Europe Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case 
Security First the Latest in Florida to Announce Home Insurance Rate Cut 
Brown & Brown Reports Strong Q3 Revenue Growth of 35.4% 
