MS Amlin
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Habib Kattan will support the implementation of the company's outward reinsurance strategy.
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The vehicle will launch with $200mn of equity contributed by all the manager's ILS funds. -
The vehicle is the first sidecar launched in Singapore and will cover regional risks.
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The executive left PartnerRe in March of last year following a reorganisation of the company.
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Specialty CUOs Andrew Wright and Mark Clements, and reinsurance CUO Phil Wooldridge step down as the newcomer is charged with “repositioning”.
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The late July High Court hearing will also involve Arch, Argenta and QBE.
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The restructure removes MS Amlin as a regional holding company.
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Chris Beazley’s role has been expanded to include head of reinsurance for MS Amlin after his departure.
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The Luca Albertini-led ILS manager will become a direct subsidiary of the Japanese insurance group, rather than being held by MS Amlin.
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People moves in the industry in the past month.
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The fund manager’s scarce capacity contributed to a generally difficult retro renewal at 1 January for buyers
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Chris Hayward was previously head of the North American property team in the carrier’s Bermuda office.
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