Credit Suisse Insurance-Linked Strategies
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The senior underwriter had worked at the firm since 2015.
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Benjamin Jacquet has worked at the company for just over three years
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If underwriting results do not improve in the medium term, negative rating action is likely.
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Ross will start immediately at the Bermuda-based Credit Suisse affiliate.
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Turner will be leading the £30bn Railpen pension scheme’s ILS allocation, which is managed by Credit Suisse ILS.
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The former Swiss Re executive joins after the firm's former head of life left in late 2018.
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Bernina Re will become the ILS platform's flagship underwriting unit with asset management responsibilities remaining in Zurich.
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AIG had $550mn of cover for Japanese losses, analysts at Credit Suisse noted.
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The brouhaha over trapped ILS capital has led to the question of whether alternative collateral management solutions will emerge.
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The former MS Amlin executive will lead Credit Suisse ILS’s Bermuda reinsurance vehicle.
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The legacy fund uses ILS Property & Casualty Re II and Armour Re to write business.
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