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The bond will provide protection against German and Japan quake. -
This year’s ceremony will include the inaugural Women in ILS Award presentation.
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The carrier announced a major writedown in its L&H book last year.
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Sykes has spent over 31 years with Aon, with the last 15 of those in Guernsey.
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He joined what was then Credit Suisse ILS in 2019, moving from Hiscox Re & ILS.
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The executive formerly served in senior leadership roles at Nomura, Credit Suisse and Goldman Sachs.
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Fellow Swedish pension fund AP3 is phasing out its ILS allocation after being active in the sector since 2008.
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The Swiss rail pension scheme has been cutting its ILS allocation since 2018.
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The Swiss pension fund’s ILS allocation stood at 4.9% of the total fund as of 25 March.
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Fees on the GAM Star cat bond funds will drop in May in a recognition of fee competition in the market.
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The asset manager has hired Rom Aviv as head of ILS.
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Markets have taken a battering across the globe following the “Liberation Day” announcement.
