25 July 2017News

Sirius adds to casualty reinsurance with former QBE Re executive

Sirius Group has appointed former QBE Re Bermuda executive Erik Soria as vice president, casualty.

The company has been expanding its casualty reinsurance arm since 2016 when it appointed Robert McFadden in the New York office to lead the initiative.

Soria will report directly to Sirius Bermuda CEO Warren Trace and will be the underwriter for the casualty portfolio.

"I have known Erik for nearly his entire career and am thrilled that we could bring onboard a person of such high caliber," said 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."

Prior to joining Sirius Bermuda, Soria 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:Re+ILS. He had previous stints with QBE Re in New York and operated as a reinsurance broker at both Willis Re and Aon Benfield.




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More on this story

News
17 July 2017   Sirius Group is growing its environmental team with the addition of Robert Potter and Bob Albanese. The environmental division is led by Doug Stepenosky, who joined Sirius earlier in 2017.
News
30 May 2017   Sirius International has acquired International Medical Group (IMG), a provider of global medical insurance products and assistance services.
News
15 September 2017   Bermuda-based insurer Sirius has entered into a definitive agreement to purchase 4.9 percent of Israel-based The Phoenix Holdings from Delek Group for NIS 208 million ($59.04 million) in cash.