The new unit will offer cover as a primary carrier, co-insurer and reinsurer, and distribute products via Polish brokers.
Geopolitical tensions in West Asia drove a 35% monthly increase in term insurance purchases.
Mark McGrady will manage underwriting direction, product work and distribution for casualty offerings.
The Spain-based reinsurer said its Board of Directors approved the move as part of a succession process aimed at maintaining its financial direction.
