MS Amlin
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He will oversee the syndicate’s catastrophe modelling capabilities.
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Phoenix Re renewal ‘shows commitment to doing Asia ILS, for Asia in Asia’, according to MS Amlin Asia Pacific CEO Will Ho.
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Previously, Shaw was lead underwriter at MS Reinsurance and lead underwriter at MS Amlin’s Bermuda office.
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Alun Thomas will report to Bermuda CEO Chris Bonard.
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The vehicle was upsized by 20% from 2022.
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Having joined the company in 2016, the executive was working as a lead underwriter in LATAM prior to the announcement.
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Grant Baxter will take up the role towards the end of the year.
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The ratings agency said that the reinsurance arm of MS Amlin was expected to make a “significant” loss after tax in 2021.
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The former MS Amlin head of reinsurance takes up the CUO role next week.
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The $37.5mn vehicle follows a $42mn launch in 2021.
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Rinat Bektleuov joined in August 2021 and reports to Charles Goldie, chief underwriting officer.
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Robert Wiest takes over from interim CEO Martin Albers, MS Amlin chairman, who stepped into the role following Chris Beazley’s exit.