Premia Holdings Ltd. Announces the Appointment of Zsolt Szalkai to Lead Its European Operations
Premia Holdings Ltd. (Premia) announced today that Zsolt Szalkai, most recently the Chief Liability Officer of DARAG Group, a member of its Executive Committee and the Chief Executive Officer of DARAG Germany, will join Premia in May 2018 as a key member of its senior management team and president of its European operations.
Mr. Szalkai has established a track record of successfully executing run-off reinsurance transactions and acquisitions. As a founder of DARAG’s new business model in 2009, Mr. Szalkai is a pioneer in the run-off industry in Continental Europe. He has deep expertise and broad experience, from leading the pricing, structuring and negotiation of run-off transactions, to managing the operational excellence and integration of such transactions. Prior to DARAG, Mr. Szalkai spent several years in the insurance solutions team at KPMG in leading roles advising on German and international M&A and restructuring projects. Mr. Szalkai will not join Premia until May 2018 to allow him to honor the terms of a non-compete agreement with his former employer.
Commenting on the recruitment, Premia Chief Executive Officer Bill O’Farrell noted, “We are extremely pleased to have attracted such a talented executive as Zsolt, who is a recognized leader throughout the European run-off market. He is an excellent insurance operator, who maintains the highest standards. This, as well as Zsolt’s experience in establishing and building run-off operations, makes him an excellent fit with Premia and we look forward to him leading and expanding our European operations.”
Premia Holdings Ltd. is a Bermuda-based reinsurance group focused on reinsuring insurance and reinsurance portfolios and acquiring companies in runoff around the world. Premia currently has operations in Bermuda and the United States. Premia Holdings is majority owned by funds controlled by Kelso & Company and its co-investment partners. Arch Capital Group Ltd., through its subsidiaries, is a minority shareholder in Premia and a strategic reinsurance partner.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This release or any other written or oral statements made by or on behalf of Premia Holdings Ltd. and its subsidiaries may include forward-looking statements, which reflect our current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward-looking statements.
Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or their negative or variations or similar terminology. Forward-looking statements involve our current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements.
All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Premia Holdings Ltd.
Scott Maries, 441-278-9176
Chief Financial Officer
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Ved at skrive dig op her, vil du modtage pressemeddelelser på mail når de udsendes. Indtast din mail og følg instruktionerne. Det er ligeså let at melde sig fra igen.
Flere pressemeddelelser fra Business Wire
EXCLUSIVE-GROUP19.10.2017 10:02 | pressemeddelelse
Exclusive Group Adds Mellanox to BigTec Portfolio
DUCO19.10.2017 09:03 | pressemeddelelse
More Firms Select Duco for Mandatory MiFID II Reconciliation
SIAE-MICROELETTRONICA19.10.2017 09:02 | pressemeddelelse
SIAE MICROELETTRONICA Successfully Tests The SDN Application iVeritas in Telefónica Deutschland’s SDN Live Wireless Network
NV-RIMINI-STREET,-INC.19.10.2017 00:02 | pressemeddelelse
Rimini Street Expands Investment and Operations in Europe
CA-GILEAD-SCIENCES18.10.2017 23:45 | pressemeddelelse
Kite’s Yescarta™ (Axicabtagene Ciloleucel) Becomes First CAR T Therapy Approved by the FDA for the Treatment of Adult Patients With Relapsed or Refractory Large B-Cell Lymphoma After Two or More Lines of Systemic Therapy
NY-IFF18.10.2017 22:18 | pressemeddelelse
IFF Launches Re-Imagine…™ Programs to Tap Unmet Consumer Opportunities, Speed Innovation
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum