This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sirius Group Announces Capital Markets Strategic Initiative

HAMILTON, Bermuda, May 14, 2013 /PRNewswire/ -- Sirius International Group, Ltd. (Sirius Group), the Bermuda-based reinsurance unit of White Mountains Insurance Group, Ltd. (NYSE: WTM), today announced the formation of a dedicated team to lead its strategic initiative in the Insurance Linked Securities (ILS) / reinsurance capital markets convergence arena. 

The new initiative will be jointly led by Michael Halsband in New York and Deanne Nixon in Bermuda, both of whom will report to Allan Waters, President and CEO of Sirius Group. 

Michael Halsband joins the Sirius Group from Deutsche Bank where he led the firm's P&C Insurance Solutions practice, most recently as Director in the Capital Markets and Treasury Solutions Group.  Previously, he was a Vice President at Goldman Sachs in the Financing Group where his responsibility included origination, structuring and marketing of sidecars, cat bonds and other insurance securitizations.  Michael has more than 23 years experience in banking, law and (re)insurance.

Deanne Nixon joined the Sirius Group in 2003 and brings more than 23 years underwriting experience in the (re)insurance industry to this role.  She was most recently Senior Vice President for Sirius International Insurance Corporation's Bermuda Branch where she held core responsibilities for the company's U.S. property catastrophe, retrocessional, ILW and Cat Bond assumptions.

Allan Waters commented, "Capital markets participation in the property catastrophe risk arena is growing rapidly, changing the face of what has historically been one of the most profitable sectors in the traditional reinsurance business.  This strategic initiative leverages White Mountains' and Sirius Group's extensive successes in both capital markets executions and property casualty underwriting.  The Sirius ILS team will provide their deeply knowledgeable experience and wisdom to our current and new partners who wish to access this rapidly developing market."

ADDITIONAL INFORMATION

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs