Torus Appoints Groth Group Chief Risk Officer

February 1, 2010

Torus has appointed Carl Groth as Group Chief Risk Officer with immediate effect. He is based in New Jersey and reports to Chief Executive Clive Tobin.

“Groth will drive the development of a comprehensive and integrated enterprise risk management program for the Group worldwide,” said the bulletin. He will also be a member of the Executive Management Team.

Before joining Torus Groth led Deloitte’s US Insurance Enterprise Risk Management practice advising companies on Solvency II related issues and readiness. Prior to Deloitte, he was Managing Director for Willis Group Ltd., responsible for its Enterprise Risk Management and Structured Risk Financing practices for North America. He has also worked in a variety of capacities at the Liberty Mutual Group, ultimately achieving overall responsibility for its Bermuda operations.

He is an Economics graduate of the University of Washington, and also holds an MBA in Finance and Investments and International Finance from George Washington University.

Source: Torus – www.torusinsurance.com

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