Talent
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The former Gallagher Re broker is the second departure from the firm in Bermuda since the Willis Re sale. -
Richard Quinn becomes the latest to depart from a property cat-related role at Axis Capital.
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Current chief Thomas Loridan will move to executive chairman.
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Former Natixis banker Alexandre Delacroix will focus on a range of capital market activities.
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The firm has been hiring staff at fast pace, including many from reinsurance backgrounds.
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Based in Austin and Dallas, Texas, the new company will provide fronting insurance to four US carriers.
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The reinsurer’s CFO and COO Michael Dennis has been named CEO, subject to immigration approval.
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The executive will work to help corporations understand and mitigate the threats posed by climate change.
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The leadership restructure comes on the 25th anniversary of White Rock Group.
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Geoffrey Saville spent nine years at WTW and the Met Office.
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Some might see the ILS sector as more institutionalised compared to personality-driven hedge funds, but there is little doubt that the original generation of ILS leaders will be hard to replace.
