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The reinsurer returned $216.7mn to investors in Q2. -
The proposed reforms are designed to put the UK’s regulatory framework on par with Bermuda and the US.
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He replaces Andrew Hughes, who held the role since 2021.
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Canio spent over 19 years with PGGM, with nine of those managing ILS.
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The firm reported a net pre-tax cat loss of $414mn from January’s LA wildfires.
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Managers believed end-investors value diversification and non-correlation of cat bonds over liquidity.
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Cat bonds remain attractive for investors seeking risk-adjusted return and diversification.
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Matthew Towsey has spent 14 years at Aon.
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US events accounted for more than 90% of global insured losses.
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We discuss progress in collateral management with our Outstanding Contributor winner.
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Former ILS lead Matt Holland left the company in May.
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He had spent 10 years at Securis, with seven of them as COO.
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