Hamilton, Bermuda (FSCwire) - Till Capital Ltd. (TSX.V: TIL) (the “Company” or “Till”) is pleased to announce a significant strengthening of its leadership team with the appointment of Mr. David Atkins to the Company’s Board of Directors. Mr. Atkins is an accomplished professional in the Canadian insurance industry with a strong background in reinsurance, insurance practices, governance, mergers and acquisitions.
“We are very pleased Mr. Atkins is joining our Board. We look forward to benefiting from Mr. Atkin’s extensive experience in support of Till Capital’s emergence and growth in the insurance and reinsurance industry,” said William M. Sheriff, Chairman & CEO.
David Atkins, M.A., F.C.A. Director
Mr. Atkins presently serves as Chairman of CIGNA Life Insurance Company of Canada and Chairman of Omega Insurance Holdings Inc. He also serves as a Director of Nightingale Informatix Corp., a TSE Venture listed company; Director of Integrated Asset Management Inc., a TSE listed company; and Governor of Actra Fraternal Benefit Society.
Mr. Atkins previously served as Chairman of Swiss Reinsurance Group in Canada; Director and Chairman of the Audit Committee of Swiss Reinsurance Group of America; Director of Kingsway General Insurance and Jevco Insurance, underwriting non-standard automobile insurance; Director and Audit Committee Chairman of Pareto Corporation, a TSE listed company; Director of Pethealth Inc., a TSE listed company, providing health insurance for companion animals; and Former Executive Committee Member of the International Insurance Society (IIS).
A former Executive Partner at Coopers & Lybrand (now PricewaterhouseCoopers LLP), Mr. Atkins led its Canadian financial institutions and international insurance practices, and acted as an advisor to the insurance industry on financial reporting and mergers and acquisitions. A former Senior Advisor at Lang Michener LLP (now McMillan LLP), he provided advice regarding insurance and regulatory matters including financial reporting, mergers and acquisitions. Mr. Atkins is also considered an Expert Witness on insurance accounting.
Mr. Atkins graduated with an MA (Law) from Oxford University.
Till Capital Ltd.
Till Capital Ltd. is a Bermuda-domiciled company and its wholly-owned subsidiary, Resource Re Ltd., is a Bermuda-domiciled reinsurance company regulated by the Bermuda Monetary Authority with a Class 3A reinsurance license. Through its regulated subsidiaries, the Company has been structured to produce underwriting profits from reinsurance policies as well as above average returns on assets under management.
For additional information: Till Capital Ltd.
William M. Sheriff
Chairman and Chief Executive Officer
(208) 635 5415
info@tillcap.comwww.tillcap.com
Cautionary Note
The Till shares are restricted voting shares, whereby no single shareholder of Till is able to exercise voting rights for more than 9.9% of the voting rights of the total issued and outstanding Till shares (the 9.9% Restriction”). However, if any one shareholder of Till beneficially owns, or exercises control or direction over, more than 50% of the issued and outstanding Till shares, the 9.9% Restriction will cease to apply to the Till shares.
This news release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of Till or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Trading in the securities of Till should be considered speculative.
Neither the TSX Venture Exchange nor its Regulatory Service Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward Looking Information
Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “except”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “will”, “could” and other similar words, or statements that certain events or conditions “may” occur. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Till assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/TillOct202014.pdf
Source: Till Capital Ltd. (TSX Venture:TIL) https://www.aubullion.com
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