ILS
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DeCaro is one of the cohort of pioneering ILS managers. -
The 2024 winners were celebrated at The HAC in London on 27 June.
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The broker said the mid-year reinsurance renewals benefitted from “more than ample” capacity.
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The pension scheme’s holdings in ILS delivered varying returns in run-off.
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The former Goldman Sachs VP has a background in ILS structuring.
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ILS capital so far is viewed by sponsors as strategic rather than essential.
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The Swedish fund AP2 invests in Fermat GAM, Elementum and Credit Suisse.
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The Canadian pension plan’s investment rose to 1.2% of its total fund.
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Sources said that Gallagher Re had ‘first mover’ advantage as the exclusive broker.
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Amy Stern started her career as vice president of group reinsurance at Zurich Re.
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The firm is the sole provider to offer index services in the US.
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