Torus has acquired Glacier Insurance AG, a Liechtenstein-based subsidiary of the Glacier Group that comes with a portfolio of aviation, space, property, energy, war and terrorism and marine risks.
|The move will see Glacier's underwriting and operational staff join Torus, although all branch offices will be retained.
|Notably, Glacier Insurance chief executive, Richard Etridge, will become a member of the Torus management team, assuming the post of COO for Continental Europe, as well as global head of aviation.
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