Everest InsuranceĀ® Adds Alex Poracchia as International Chief Actuary and CFO

Everest Re Group, Ltd. (ā€œEverestā€) announced today that Alex Poracchia has joined the company as its International Chief Actuary and Chief Financial Officer of the organizationā€™s Everest Global Markets division. Prior to joining Everest, Alex spent nearly eight years at Deloitte UK as a partner within the firmā€™s Actuarial, Reward and Analytics practice predominantly supporting international clients’ Audits, M&A and finance transformation programmes. Previously, he spent ten years at Zurich Financial Services, where he performed...

Arch Re Announces Intent to Acquire Majority Stake in Precision Marketing Asia Pacific

Arch Reinsurance (Arch Re), a wholly owned subsidiary of Arch Capital Group Ltd., has announced that it has entered into an agreement in principle to obtain a majority stake in Precision Marketing Asia Pacific (PMAP), subject to regulatory and other approvals. PMAP is an Australian company that provides data-driven marketing solutions to banks, insurance companies, retailers and health care organizations across the Asia-Pacific region. This transaction provides both Arch Re and PMAP increased distribution scale...

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