Talent

PGGM senior investment director Eveline Takken-Somers was named the outstanding contributor of the year at the Trading Risk Awards held in London last night.

Malcolm Newman and Dave Matcham of the International Underwriting Association have joined the London advisory committee.

The creation of AIG Re combines all of the US insurance giant’s assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty.

The reinsurance broker’s CEO James Kent also said the ILS market reaction to HIM loss creep has varied widely.

Ken Randall has stepped down from the role but stays with the group as chairman.

The weather protection market currently resembles the early ILS market, according to the Nephila managing principal.

She will be based in San Francisco.

Paul Eaton becomes ILS managing director and Mike Matthews joins as commercial director as Artex makes changes in its international division.

The executive will move back to broking after nearly two years at Axis Capital.

Aspen Re has appointed Meredith Head as leader of North America property catastrophe. She will join in September and report directly to Aspen Re CUO and Aspen Bermuda CEO Christian Dunleavy.

Philippe Kremer previously worked for Swiss Re Capital Markets, most recently as director and deputy head of ILS structuring Americas.

Their hire will help bolster the broker’s ILS presence in New York.