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Martin Bisping has moved to CRO and Bernard Bachmann was named CEO of SRILIM. -
The firm announced CEO Trevor Carvey will retire and is returning to the UK from Bermuda.
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Many UK pension funds are over-funded and lack appetite for higher-risk, higher-yield products.
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Recent transactions on the platform include cat bonds from Flood Re and Brit.
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The deal is 45% larger than 2024’s issuance after attracting a “greater number of investors”.
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The acquisition expands its global employee benefits business to ~4,000 global employees.
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The bond provides coverage for North American storms and earthquakes, as well as European windstorms.
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The pricing is at the top end of the initial guidance range of 550-600bps.
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Lara Martiner joined Allianz in 2011 as group legal compliance officer and legal counsel.
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The broker has promoted Oriol Gaspa Rebull to global head of analytics strategy.
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Both syndicates also reported a deterioration in their combined ratios.
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Most of the industry losses occurred in Austria, the Czech Republic and Poland.
