Sirius Group Names Monica Cramer-Manhem as CEO of Sirius International Insurance [Professional Services Close – Up]

Sirius International Insurance Group announced that Monica Cramer- Manhem has been appointed Chief Executive Officer of Sirius International Insurance Corp. effective March 1, 2014.

According to a release, Goran Thorstensson will remain CEO until that time, when he will become Chairman of Sirius International. He plans to retire at the end of 2014. Both are based in Stockholm, Sweden. Sirius Group is a subsidiary of White Mountains Insurance Group.

Allan Waters, Chief Executive of Sirius Group, said that "Monica Cramer-Manhem is a Sirius veteran with a wealth of knowledge and experience in the global reinsurance marketplace. After considering both internal and external candidates, it is clear that Monica is the right person to succeed Goran and maintain the strong underwriting culture that he has so successfully fostered for more than 20 years. Her long established partnership with Jan Onselius, Chief Underwriting Officer, and Lars Ek, Chief Financial Officer, will ensure a smooth transition. I am extremely pleased that Goran will stay on to facilitate the transition."

Goran Thorstensson said, "The appointment of Monica underscores Sirius' continued focus on underwriting profitability and market presence. Her deep and long standing experience of our business from all corners of the globe makes her perfectly suited to lead the Company to further success in a changing and challenging market environment."

Monica Cramer-Manhem commented, "I am honored by the vote of confidence given and look forward to continuing work with Goran, Jan, Lars and the rest of the Sirius team to meet the expectations of our clients and owners alike in this transition."

More information:

www.whitemountains.com

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