Guy Carpenter
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The division will be led by former Guy Carpenter executives.
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The ILS manager also revealed more detail on the limits written through MS Amlin.
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Brendan Roche is responsible for collateralised platforms, captives and capital market reinsurance opportunities sponsored by MMC.
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The JLT index is below levels recorded in 2016 and around 30 percent below 2013 benchmarks.
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In the US, renewal results varied widely and wildfire losses were a subject of focus.
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The reinsurance broker said it was difficult to measure how much capital had been trapped or lost.
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The broker said deployable ILS capacity could become more broadly constrained, but equally there were signs capital could increase.
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Jay Green moves back to Guy Carpenter’s capital markets division as it expands the ILS team.
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Axis is now targeting $150mn-$200mn from its latest cat bond.
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The association cited the positive response to its handling of over 75,000 Hurricane Harvey claims last year.
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Based in Bermuda, Matt Flynn will focus on retrocessional property catastrophe business at RenaissanceRe.
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Richard Carver is to join Guy Carpenter as managing director and senior broker in its UK non-marine division.
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