Ardonagh pushes ahead with European expansion

Ardonagh is expanding into Greece, having agreed to acquire a majority shareholding in SRS Group, a growing reinsurance business serving the southern Mediterranean region.

SRS operates across Greece, Israel, Cyprus and the Balkans and has experienced sustained growth, achieving approximately €11.6 million in turnover in 2022.

Conor Brennan, CEO of Ardonagh Europe, said: “SRS and Ardonagh are a good example of how regional can meet international. With Ardonagh’s international reinsurance capabilities and the technically oriented SRS underwriting team located regionally, the Group will be able to make and create a more unique product offering.”

    Share Story:

YOU MIGHT ALSO LIKE


COMMUNICATING IN A CRISIS
Deborah Ritchie speaks to Chief Inspector Tracy Mortimer of the Specialist Operations Planning Unit in Greater Manchester Police's Civil Contingencies and Resilience Unit; Inspector Darren Spurgeon, AtHoc lead at Greater Manchester Police; and Chris Ullah, Solutions Expert at BlackBerry AtHoc, and himself a former Police Superintendent. For more information click here

Modelling and measuring transition and physical risks
CIR's editor, Deborah Ritchie speaks with Giorgio Baldasarri, global head of the Analytical Innovation & Development Group at S&P Global Market Intelligence; and James McMahon, CEO of The Climate Service, a S&P Global company. April 2023