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The insurer also announced the appointment of Jean-Paul Conoscente as global P&C boss as Victor Peignet retires. -
The insurer plans to shed 7.5 percent of its global workforce.
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People moves in the industry in the past month.
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The restructure also includes CEO Dirk Lohmann becoming Schroder’s head of ILS.
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The ILS manager also revealed more detail on the limits written through MS Amlin.
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Kathleen Faries is a founding member of the body, launched in 2013 to promote ILS in Bermuda.
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Many Bermuda staff have only been offered short-term transition roles.
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Matthias Meyenhofer had taken up his role last September.
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The co-founder had moved from the CEO role to chief investment officer last April.
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Lloyd's was at “a pivotal moment” in its history, said CEO John Neal.
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Marvin Pestcoe replaces Craig Fowler who was appointed CEO of the start-up in March.
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Martin Vezina had held the chief underwriting role at the Axa XL ILS platform since 2015.
