Business Wire

Premia Holdings Ltd. Announces the Appointment of Zsolt Szalkai to Lead Its European Operations

Jaa

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.”

About Premia

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.

Cautionary Statement

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.

Contact information

Premia Holdings Ltd.
Scott Maries, 441-278-9176
Chief Financial Officer
smaries@premiareltd.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Quanergy Announces Availability of Power Over Ethernet for M8 LiDAR Sensor26.9.2018 17:09Tiedote

Quanergy Systems, Inc., a global leader in the design and development of solid state LiDAR sensors and smart sensing solutions, today announced the availability of its M8 LiDAR sensor with Power over Ethernet (PoE+). This new connector interface, designed specifically for the security market, allows the sensor to be easily installed and integrated with new or existing security systems, without costly custom wiring to power the LiDAR sensor. Surveillance systems leverage PoE to transmit power and data across the sensor and system. The IEEE 802.3at (PoE+) specification provides more power to PoE-powered devices and allows for a broader range of devices to be easily integrated into a network via standard Ethernet cable. The release of the M8 with PoE+ allows for a simpler, more flexible installation of LiDAR-based security systems. Its plug-and-play usability permits customers to make use of their existing security infrastructure when upgrading to a LiDAR-based security solution, leading

Moody’s Analytics and Thomson Reuters Partner on IFRS9 SPPI Solution for Fixed-Income Investors26.9.2018 16:11Tiedote

Moody’s Analytics, a leading provider of financial intelligence and analytics, partners with Thomson Reuters Financial and Risk business to offer a classification solution for conducting the Solely for Payment of Principal and Interest (SPPI) tests required under the IFRS9 accounting standard. The solution allows fixed-income investors to automate SPPI tests for securities in their portfolios by providing data on over 1.2 million corporate, government, and structured securities globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180926005527/en/ “We are pleased to partner with Thomson Reuters to bring fixed-income investors more comprehensive coverage of all asset classes in a single transparent and auditable solution,” said Luis Amador, Managing Director at Moody’s Analytics. In addition to securities held in clients’ portfolios, the solution permits users to conduct additional due diligence on bonds that have not been

Rimini Street Honored with Multiple Award Wins for Customer Service Excellence26.9.2018 16:00Tiedote

Rimini Street, Inc., (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced it has been honored with multiple award wins from three prestigious award groups for the Company’s unwavering dedication to providing outstanding service delivery to clients around the world. Rimini Street won a total of thirteen awards across three prominent award organizations – Stevie® International Business Awards, Globee® Awards and Customer Sales and Service (CSS) World Awards® – in categories for Customer Service Department of the Year, Customer Service Leadership of the Year, Customer Service Team of the Year, Customer Service Executive of the Year, and Company of the Year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180926005217/en/ Rimini Street Honored with Multiple Award Wins for Customer Service Excellence (Photo

SailPoint Named a Leader in Identity Management and Governance by Independent Research Firm26.9.2018 16:00Tiedote

SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in enterprise identity governance, has been named a leader in “The Forrester Wave™: Identity Management and Governance, Q3 2018,” by Forrester Research, Inc. After conducting an exhaustive evaluation of vendors and their products in the identity management and governance (IMG) market, Forrester gave SailPoint the top ranking in all three evaluation categories: Strategy, Current Offering and Market Presence. In the Current Offering category, SailPoint’s Open Identity Platform, which includes IdentityIQ, IdentityNow, SecurityIQ and IdentityAI, received the highest possible score for 10 of the 12 criteria, including for the user account provisioning, identity analytics, and deployment options criterion. According to Forrester, in order to score a 5.0 out of a possible 5.0 points in the deployment options criterion, a vendor must support “an exceptional amount of deployment options for its IMG solution, including but not limite

Synteract Adds to Leadership Team with Rare and Orphan Disease Experts Lisa Dilworth and Elisabeth Schrader26.9.2018 16:00Tiedote

Synteract, an innovative contract research organization (CRO) enabling biopharma companies to bring new medicines to market, has added two experienced members to enhance its Rare and Orphan Diseases Center of Development. Lisa Dilworth joins as vice president, rare and orphan diseases, and Elisabeth Schrader as executive director, program strategy, pediatrics and rare diseases. Synteract has a long history of providing rare and orphan clinical trial expertise, across all phases of drug development, with more than 136 trials performed in the last five years across 50+ indications. It specializes in studies for diseases that affect a small portion of the population, where it applies its considerable operational acumen to studies that have never been done before. “Studies for diseases that affect a small portion of the population have been a mainstay of Synteract’s for many years. With extensive and varied backgrounds in rare and orphan drug development, Lisa and Elisabeth are excellent a

SimScale Releases Major User Interface Update for a Better Simulation Experience in the Cloud26.9.2018 15:34Tiedote

SimScale, the provider of the world’s first production-ready SaaS application for engineering simulation, announced today the release of their new workbench. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180926005496/en/ Conjugate heat transfer simulation of an electronics enclosure with SimScale (Graphic: Business Wire) SimScale Workbench 2.0 was built entirely from scratch on the latest, state-of-the-art technology stack, with the goal of drastically improving user productivity by decreasing loading time and increasing interaction speed. The SimScale web-based CAE platform is now as fast and interactive as a desktop application while taking advantage of the unlimited computing power of the cloud. Furthermore, the new solution stack sets the stage for major new features that are already in development and will be released soon. “Right from the start I love it! Well done. This is a really nice improvement,” said Ben Lewis,

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme