Former QBE MD appointed to head up London office
Glacier Insurance AG, the European insurer, has commenced underwriting operations in London, having received the relevant regulatory approvals. In addition, Steven Price has been appointed managing director, Glacier Insurance London.
Glacier Insurance, part of the Glacier Group, began underwriting operations in November 2006. In 2007, its first full year of underwriting, it wrote US$40.4m of premium. It currently writes business from its headquarters in Vaduz, Liechtenstein and its branch office in Cologne.
Glacier Insurance London will specialise in writing marine, war and terrorism, UK property, general aviation, space and London Market casualty business. It expects to write US$30m to US$40m of premium from London in its
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