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Cassis joins from Swiss Re, where she was a senior ILS structurer since February 2022.
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Brant Loucks is one of four promotions across the Capital Partnerships and reinsurance units.
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The carrier will continue to write assumed retro in Bermuda.
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Ryan Saul will work at Ledger’s broker-dealer subsidiary Ledger Capital Markets.
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The hire is the hedge fund manager’s third ILS appointment in the past year.
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Toh joins from Nephila, where he spent the last decade, bringing expertise in ILS.
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The alternative asset manager was founded in 2021 with offices in London, New York and Abu Dhabi.
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The executive has worked at Aon for almost two decades.
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Bellal Rahman joins from Catalina Life Re, where he was head of finance for two years.
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Marlon Williams will focus on the placement of reinsurance and retro business.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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In the new role, Edward Johnson will be rejoining former Aon Securities colleague Chris Parry.
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The ILS services specialist has worked in the ILS market in Bermuda for 10 years.
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Charles Mixon joined the firm a year ago in a business development role.
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The resource was developed by leading ILS managers and investors.
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Samild held multiple roles including head of alternatives at the Future Fund.
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The ILS manager has $6.8bn in assets and will be led by MariaGiovanna Guatteri.
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Axa IM’s acquisition by BNP Paribas was confirmed in July this year.
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Scott Cobon's most recent title was MD, insurance management services.
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Hannover Re Capital Partners is in talks with two investors for 1 January launch.
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Bohm has held senior roles at BMS, Swiss Re and Aon during his career.
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The investment bank had stopped offering ILS services last September.
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The CUO has added the role of head of private ILS, joining the executive team.
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Hagood will stay on as sole CEO of Nephila Holdings, with Taylor continuing as president.
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Benjamin Baltesar spent more than six years at Euler ILS.
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Aaron Garcia will hold a senior role at the operation, sources have confirmed.
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The new team will be headed by Brown & Brown’s Ed Byrns.
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Matthew Flynn joins from RenaissanceRe.
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Brian Hickey joins the firm from PE specialist AE Industrial Partners.
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CFO Christoph Jurecka will succeed as management board chair.
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He replaces Andrew Hughes, who held the role since 2021.
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The broker has nearly 20 years of experience in the reinsurance and retro markets.
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Canio spent over 19 years with PGGM, with nine of those managing ILS.
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Matthew Towsey has spent 14 years at Aon.
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Former ILS lead Matt Holland left the company in May.
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He had spent 10 years at Securis, with seven of them as COO.
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The Bermudian ILS manager has recently changed its name from Mereo Advisors.
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Richardson has been with the firm since 2015 and was most recently vice chair and chair of international.
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The third-party capital manager is a new entrant to the retro space.
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Michael Hamer recognised for his work with investors and on reporting frameworks.
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Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
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Harry White has been with Verisk for 14 years, while Ted Gregory has been with PCS for 12.
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John Kulik will work within Ledger’s broking team, Ledger Investing.
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The Bermuda-based team is led by John Fletcher.
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The executive has 15 years of experience in meteorology and cat analytics.
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William Soares moves from casualty and specialty CUO to president.
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She was previously head of investor relations and business development for North America and Australia at Securis.
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David Baldwin joins from EIRS where he was a senior reinsurance consultant.
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Lyon joins the reinsurance broker from law firm Skadden, Arps, Slate, Meagher & Flom.
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Weston Tompkins spent 10 years in an investor relations role at Securis.
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Bredahl has been appointed CEO and Bonneau as chairman.
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The pension plan has been allocating to ILS since 2005.
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The Altamont-backed broker has been building out its team since launching in 2023.
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The headcount at the start-up now stands at around 40.
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Fales will focus on creating investment opportunities for the carrier’s specialty reinsurance portfolios.
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The team will focus on building out Miller’s property treaty, retro and ILS capabilities, it’s understood.
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His leadership roles included overseeing the firm’s capital solutions group.
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The carrier announced a major writedown in its L&H book last year.
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Franklin Templeton’s allocations to ILS are managed by fund of funds manager K2 Advisors.
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Sykes has spent over 31 years with Aon, with the last 15 of those in Guernsey.
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He joined what was then Credit Suisse ILS in 2019, moving from Hiscox Re & ILS.
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The executive formerly served in senior leadership roles at Nomura, Credit Suisse and Goldman Sachs.
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The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
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He joined Nephila in 2023 from Lancashire as a senior underwriter.
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Gokul Sudarsana has been with the company since 2020, having joined from Deloitte.
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Suzanne Wells is also joining the company from Arch as COO.
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Martin Bisping has moved to CRO and Bernard Bachmann was named CEO of SRILIM.
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Rachel Barnes Binnie joins as portfolio manager.
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Since leaving Hiscox Krefta has founded a consultancy.
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The firm announced CEO Trevor Carvey will retire and is returning to the UK from Bermuda.
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Lara Martiner joined Allianz in 2011 as group legal compliance officer and legal counsel.
-
The broker has promoted Oriol Gaspa Rebull to global head of analytics strategy.
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The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
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Founding partners DeCaro and Rettino will continue to provide oversight and investment advice.
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Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
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The executive will remain with the firm as a senior adviser to the CEO until mid-2026.
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Tom Fealey has assumed lead portfolio manager responsibilities.
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The executive worked in investment banking before joining the reinsurance industry.
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The scope of QRT’s new ILS strategy will include cat bonds and private ILS.
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The executive spent a brief period at Wakam in a capital and reinsurance role.
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The role will focus on international treaty, specialty lines and strategic advisory.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The role oversees the $187bn Canadian pension plan’s ILS allocation.
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The third-party capital platform is looking to enhance its tailored strategy offerings.
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Scrocca will be based in Bermuda on focus on underwriting and risk sourcing, among other things.
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Insurance Insider ILS revealed last week that the executive was leaving Property Claims Services.
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The role at PCS included acting as primary touchpoint for ILS.
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The firm said the appointment would support its ambitious growth strategy.
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The executive has also worked for Guy Carpenter during her 20-year career.
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Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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Derrick Easton has led Willis’s US ART team since joining the company in 2015.
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Shreeve’s role will encompass the Aon Captive & Insurance Managers’ ILS business.
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Theokli joined the company in 2021 as a senior underwriter.
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Barthelemy Thomas joins from PartnerRe Capital Management in Zurich
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Menzinger succeeds Rowan Douglas, CEO of climate risk & resilience at Howden.
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The firm will advise and support third-party risk capital providers.
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The broker also plans to hire from LSN Re and Aon Re, as part of a build-out of its team in the French capital.
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The platform will match partner capital to provide capacity for reinsurance placements.
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He joins from Pillar Capital and will be based in Bermuda and New York.
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Graeme Bell (pictured) will continue in his role as group legal officer.
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Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
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He was appointed acting CEO earlier this month, after Andrade’s departure.
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Kusche and Rosenberg will co-lead the firm’s global ILS business.
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Amin Touahri spent five years in a variety of roles at Munich Re.
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He succeeds Wayne Peacock, who retires this year after four years of service.
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Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
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The move means Lloyd’s will have a new chairman and a new CEO in the same year.
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Paul Poschmann joins from Gallagher Re, where he was a divisional director.
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Nicole Chase was central to the build-out of Mt Logan while at Everest.
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Casualty ILS made inroads, while hurricane hedging strategies came into focus.
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The executive will play a key role in capital arrangements for Acrisure’s suite of underwriting units.
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The reinsurance veteran joins from Artex Risk Solutions.
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Everest is in the process of transforming its ILS offering.
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The former co-head of ILS at Schroders left the bank last month.
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Magnani has served for more than 14 years in ILS broking roles.
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Robert Salzmann has been with the Swiss Re insurer for a decade.
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Löw will succeed Bertrand Wollner on his retirement in April.
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This publication revealed that Chris Schaper would move into the role on an interim basis in July.
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Daniel Ineichen, former co-head of ILS, had been with the company for nearly two decades.
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Bob Forness, CEO of MultiStrat, will take over Robinson’s responsibilities.
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The outgoing CEO will leave the company at the end of March 2025.
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Stokes has been with Pillar for nearly four years.
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The firm has helped underwriting businesses secure $3.5bn in capital.
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The executive joined the company in 2019 from Barbican.
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Roman Romeo was named CEO of Reinsurance Solutions in Bermuda in April this year.
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The executive has worked for Hamilton for over a decade.
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Richard Pennay will become CEO of Aon Securities.
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Paul Bantick will continue to oversee the cyber risks division during the search for his successor.
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Maya Henry will be tasked with raising capital and managing clients in North America.
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Chris Caponigro will be responsible for expanding Axa XL’s product offering and investor base.
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Nick Pritchard has been appointed underwriting portfolio and alternative capital manager.
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He will be based in the Bermuda office and work to develop the underwriting associates.
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ILS brokers are pitching for Sanders Re and ResRe transactions.
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Guy Van Hecke has spent the last 26 years working at Axa, starting at Axa Corporate Solutions.
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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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Yen Chu Choo has been appointed Asia Pacific capital advisory head.
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The firm’s deals so far have covered cat risk, with space ILS in scope for the future.
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The executive has held senior alternative capital roles at Aon and Guy Carpenter.
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The executive has worked for Scor, RMS, Aon and SiriusPoint, among others.
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The ILW specialist is believed to be exploring new opportunities.
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Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.
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Winters will step down as co-head of portfolio management at the end of 2024.
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The executive explored ILS options as MD of hedge fund Horton Point post financial crisis.
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The broker is yet to participate in a cyber cat bond.
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The executive will replace Habib Kattan, who joined the company last summer.
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Philipp Ruede spent 12 years at the broker performing several roles.
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Hennon spent 17 years as professor at the University of North Carolina.
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He left his role as portfolio manager at Hiscox Re & ILS last year.
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The executive joined in January after a decade at Liberty Mutual.
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Slabbert was most recently CEO of Mitsui Sumitomo Marine Management.
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Curtis Dickinson will help to oversee the strategy and vision of Hiscox Re & ILS.
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Sébastien Bamsey joins from JP Morgan, where he has worked for 18 years.
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Schmidt will lead Markel's Global Strategy team and work with Nephila.
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The executive had been interim CEO since January.
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The former Goldman Sachs VP has a background in ILS structuring.
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Park assumed the role earlier this month.
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Amy Stern started her career as vice president of group reinsurance at Zurich Re.
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The firm’s P&C and life and health retro buying is being centralised.
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He will continue to play a role as a fund director and firm ambassador.
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The global services provider has grown through acquisitions in recent years.
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The Icosa Cat Bond Strategy now stands at $130mn in AuM.
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Tanja Wrosch joins Twelve after more than a decade at Credit Suisse ILS.
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Rich had spent 13 years at the firm where he began his career and oversaw a cat bond and ILS portfolio.
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The Swiss Re veteran left her former employer last year.
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The hires represent a reunion of colleagues from Horseshoe/ Artex.
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Minors has experience working on insurance and reinsurance matters
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The former Everest executive will look to roll out a range of new product lines at the MGA.
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The former Neuberger Berman managing director confirmed the new role in a LinkedIn post.
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He will report to Kelly Superczynski, Aon’s global head of capital advisory.
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Gordon was set to join start-up brokerage Juniper Re last month.
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The pair join from Validus Re and Axa XL.
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Vincent Pomo spent more than 11 years at Everest Re in a variety of roles.
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The fund is a continuation vehicle for five of HSCM's life insurance interests.
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The firm said it was poised to build on ‘significant growth’ in 2023.
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Charles Craigs will oversee Ascot’s sidecar and other third-party capital vehicles.
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Juniper Re Bermuda received preliminary approval from the BMA last month.
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The executive brings over 30 years of (re)insurance experience to the role.
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He will oversee the syndicate’s catastrophe modelling capabilities.
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The firm is focusing on developing specialty offerings.
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Risk partnerships will now report direct to the board through the CFO.
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Driscoll and Lubert have been promoted to presidents.
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The underwriter will report to Kristina Maffit.
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Roche joins from GC Securities, where he was senior vice president.
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The challenger broker is continuing to build out its presence on the island.
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He was executive managing director in Aon’s wholesale treaty team.
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The broker has also appointed Charlie Liddle and Rowan Minhas to the team.
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The executive previously served at McGill and Partners and Willis Re.
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The ILS allocator has invested in the asset class over 17 years.
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The hire has 20 years’ experience in asset management and corporate finance.
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Wilson previously worked for Artex at the firm’s Guernsey office.
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He is succeeded by interim co-CEOs Andrew Wheeler and Russ McGuire.
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Investment firm Phoenix launched a private credit and lending platform for the mid-market.
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He joins from Aeolus Capital, where he spent more than four years as a client portfolio manager.
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Adrian Jones will report to Acrisure’s president of global insurance Grahame Milwater, a spokesperson for the broker confirmed Tuesday.
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The executive joins the company as it looks to bolster its reinsurance capabilities.
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Leadenhall Capital Partners (LCP) has named Yuko Hoshino as senior managing director for Japan and Asia within its business development team.
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Jon Colello will become president in the management shake-up.
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Steiger will oversee the new article 8 classified fund, based out of Zurich.
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Schwartz will set the firm’s investment process on its ILS, equity and debt strategies.
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Bailey joins after two years at Roosevelt Road, where he was director of capital markets.
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Craig Hupper spent more than 25 years at TransRe, performing a variety of roles.
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George Mawdsley joins after more than 10 years at Securis, where he was tasked with structuring and origination of ILS risk.
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Slade was previously president at Markel’s ILS fund manager Lodgepine Capital.
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The executives will look to bring the company’s full suite of products to clients.
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Rob Newbold joined Verisk in 2002 and has held several roles, serving most recently as COO of extreme event solutions.
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Coburn will report to Jason Busti, Axis Re president of North America.
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Habay oversaw the wind-down of AQR Capital’s reinsurance business in 2015.
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According to a LinkedIn post, the current head of corporate development, investments and treasury will return to BlackRock.
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Scor is aiming to double fee income over the next three years.
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Martin Ford joins the broker following a 26-year-stint at Gallagher Re, formerly Willis Re.
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Steiger is said to be moving to an “entrepreneurial” role after more than six years with the Zurich-based firm.
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Key names taking up senior roles at Validus include Sven Wehmeyer and Pablo Nunez.
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The senior retro/specialty broker spent 26 years at Willis Re, which was acquired by Gallagher in 2021.
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Alexander will join after his competitive restrictions are up.
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De Klerk spent a decade at Artex Risk Solutions, where he created special purpose insurers and closed cat bonds.
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Tim Mardon will become CUO at Aspen Bermuda Limited and a member of Aspen Re’s leadership team.
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Steve Postlewhite left QBE Re, where he served as managing director and CUO, last year..
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The ILS executive is departing the ILS platform following RenRe’s move to buy Validus Re for ~$3bn.
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Stephan Ruoff will continue his duties as global head of ILS.
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The manager has made four appointments including two internal promotions.
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The 30-strong segment will combine reinsurance and capital markets with data, analytics and technology.
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Caccamese spent nearly six years at rival broker Guy Carpenter prior to joining Aon.
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Bohm joins from Swiss Re Capital Markets, where he was head of structuring for the Americas.
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Robert Salzmann has held a variety of roles at SI Re, most recently overseeing the carrier’s ILS markets and retrocession team.
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Mallen previously spent over 10 years at Chaucer, most recently as a US casualty reinsurance underwriter.
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Mark Shumway joins from Howden Capital Markets, where he has been managing director since 2020.
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He joins from Global Parametrics, where he was head of partnerships and business development.
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Bernard Opoku will replace Jeff Sangster as CFO effective 1 October.
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The leadership change follows Howden’s landmark acquisition of TigerRisk at the beginning of the year.
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She joins after over four years at Securis, where she was head of investor relations and business development.
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Nichols joins from Aeolus Capital Management, where he’d served as a portfolio manager after previously spending nearly a decade at Guy Carpenter.
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Ola Jacob's role at Descartes will focus on expanding the firm's parametric insurance offering in the London market to corporates exposed to climate risks across the globe.
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Gallagher Re has stated that the alternative capital market has increased by 4%.
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His role change — following that of LCM leader Darren Redhead in 2021 — raises questions over the firm’s future ILS strategy.
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Morrison spent four years as an underwriter at Securis before moving to Aeolus in 2018.
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The firm joins other challenger brokers in tackling the stronghold of the cat-bond broking space.
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Based in Chicago, Lubbers joins WTW after some two years at ServiceNow, where he was global client director.
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The technology specialist is joining the firm from Reinsurance Group of America.
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In addition, Arch Re global CUO Pierre Jal moved to Zurich to take over as Europe CUO, while president Matthew Dragonetti expanded his scope to lead client-centric initiatives.
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The (re)insurer also appointed Thomas Deane as head of investment banking.
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The executive joined the company from Scor, where he helped to launch Scor P&C Ventures.
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Campbell Brown leaves Amundi after nearly five years.
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Greg McBride joins the firm after nearly 18 months at Mt Logan Re.
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The broker has also appointed Paul Shedden as head of advanced risk analytics for its Risk Capital business.
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New CEO Ami Barlev – who has a background in tech, AI, comms and real estate – said he took the role at an “extremely difficult moment” for the InsurTech.
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The embattled ILS platform took the decision in an attempt to reassure its trading partners.
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WTW is quietly sounding out market executives for a potential relaunch into reinsurance once its two-year non-compete agreement with Gallagher Re ends in December, this publication can reveal.
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Kattan’s role will include establishing the strategy and structure of SiriusPoint’s global ceded reinsurance function, managing the ceded team based in Stockholm and overseeing all reinsurance placements.
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The underwriter has worked at the carrier for almost 20 years and has a background in specialty reinsurance.
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The firm’s statement followed allegations in Israeli tech media of missing collateral linked to deals it was concerned in.
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Charles Cooper will be responsible for the development of a significant growth driver for the business.
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Skilton will be chair of the team with Wheeler and Murray heading up the global re specialty unit.
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The executive will report to reinsurance solutions CEO Russell Higginbotham.
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Also formally joining the board are Carlyle’s managing directors James Burr and Jitij Dwivedi, and Adam Halpern-Leistner, director at Hellman & Friedman.
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The executive worked for WTW for more than two decades.
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Chris Parish was previously portfolio management and funds team leader at Nephila Capital.
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O’Donnell will focus on strategic and tactical operations within global reinsurance alongside his continuing responsibility for Chubb Tempest Re USA.
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The former chairman and CEO of New York Life will support the asset manager in developing strategies that harness longevity pooling.
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The broker will also work to support traditional reinsurance and retro activities.
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The cyber MGA can now serve clients in Italy, Spain, Ireland, Sweden and Denmark.
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Frank Lopapa was instrumental in the formation of Mt Logan in 2015 and retires after eight years on the board.
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The executive first joined Vantage in 2021 after stints at Hamilton and Allied World.
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John Welch left his role as CEO of domestic markets at Axa XL Re last year in a leadership reshuffle.
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The broker named Matthew McCabe as MD of cyber broking with a brief to tackle complex cyber issues.
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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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The long-serving executive turned around the fortunes of the French reinsurer in a two-decade stint as leader.
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Chuck Scherer will report to Jonathan Reiss, chairman of SRS Bermuda.
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The executive will report to president and CEO Dean Klisura.
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Mayer will manage a global centre of excellence for parametric products and report to Paul Schultz, CEO of Aon Securities.
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The carrier has announced several changes to its management committee before revealing its new strategic plan early next year.
-
Christoph Oehy will replace Luzi Hitz in November 2023.
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The reinsurance executive is returning to Ariel Re where she was among the firm's earliest hires in 2005.
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Industry veteran Michael Wade will join Helios as a director and chairman, and take on a senior advisory post at Mitsui.
-
Tom Johansmeyer is leaving the business to join reinsurance broker Inver Re.
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The ILS investments specialist has assumed a role within the broker's corporate advisory and solutions unit.
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Remaining ILS staff will now report into the group’s CFO.
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Charity Bare joins from Nephila Syndicate Management Limited, where she spent five years as director of risk and compliance.
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After more than a decade at ILS platforms, Brooks has returned to a broking role.
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The marketing executive previously worked at iCapital and Fitch.
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The risk-modelling expert has served at RMS for almost 19 years after joining as a graduate trainee.
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The broker has spent around 15 years working for Aon’s reinsurance unit.
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The New York-based executive had been one of the firm’s co-heads of ILS, leading on investor relations and sales.
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He joins the division during a period of growth, with GWP surpassing $1bn for the first time in 2022.
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The underwriter will work on developing the Bermuda platform and strengthening the global property proposition.
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Bart Zanelli will work within Gallagher Securities, specialising in capital raising and M&A.
-
Nigel Hanbury, who has been CEO since 2012, will move into the role of executive deputy chairman.
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The role will involve managing alternative capital strategies for the specialist lines insurer.
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Sang Hun Park previously spent nine years at Allianz before joining Munich Re as a senior origination manager in August 2021.
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The reinsurance and ILS leader joined the firm in 2012 during a “rollercoaster” year for industry loss warranties.
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Jacques de Vaucleroy has been appointed vice chairman as the carrier seeks a new chairman.
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The executive will stand for election at RenRe’s AGM in May.
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Prior to joining Nirvana, Thomas Mannsdorfer led the European specialty underwriting team at Sompo International.
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The specialty leader had worked at recent acquisition Willis Re since 1998.
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Inmaculada Gonzalez was previously US head of ceded reinsurance placements.
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The executive will be charged with unifying carrier engagement and bringing together Gallagher’s offerings.
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The managing director had spent eight years at Aspen before joining the ESG start-up.
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Yaworsky has served as interim insurance commissioner since being nominated by Governor Ron DeSantis last month.
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The ILS executive formerly served at Credit Suisse ILS and Lombard Odier.
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Minesh Jani will report to Bradley Maltese, CEO of international and global specialties.
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The ILS expert had joined as a portfolio manager in 2018 from Ontario Teachers’ Pension Plan.
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Alun Thomas will report to Bermuda CEO Chris Bonard.
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All five new partners will retain their existing roles alongside their new responsibilities as partners.
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The appointments aim to provide clients with a product-agnostic view on accessing capital in a capacity-constrained market.
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The executive will build out Vesttoo’s capital markets team in the region.
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The head of property and specialty underwriting reinsurance posted on LinkedIn that he had brought forward his planned departure from the firm after 35 years.
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Shea has worked at RenRe for seven years, most recently having served as head of underwriting for credit before the promotion.
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The executive joined Citizens as general counsel in June 2021.
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The decisive move to replace Laurent Rousseau early in his CEO tenure was about “timely decisions”, the Scor chairman said.
-
The former reinsurance CEO had previously parted ways with Bob Cooney after working together on a reinsurer start-up last year.
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Shabnam Ahmed joined the firm in October 2020 to build up its portfolio and train junior underwriters.
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Chairman Kessler remains in place until the 2024 General Meeting when he will stand down on hitting the age limit of 72.
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The former Lancashire treaty underwriter had worked at the ILS platform since October 2021.
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The move follows Sal Tucci’s departure from the firm to set up Jireh Risk Advisors.
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The parametrics pioneer said Ardonagh would bring additional capacity to clients with new solutions.
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She had served as director of underwriting at Nephila since mid-2018.
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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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The executive formerly served in the senior leadership team at Elementum.
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The executive was previously head of casualty underwriting for EMEA.
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Ibarra joins the climate risk-focused platform after more than six years as CEO of Global Parametrics, a London-based InsurTech.
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Having retired from the brokerage firm last year, Glaser will join as operating partner in CD&R's financial services team.
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Albo is the first woman appointed to the organization’s chairmanship in its 30-year history.
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Brian Espie has been appointed as CUO having previously held the position of group head of North American reinsurance at Fidelis.
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The new firm has registered Jireh Re (SAC), an unrestricted special purpose insurer, with the Bermuda Monetary Authority.
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The firm elevated Justin O'Keefe, Cathal Carr, Fiona Walden and Bryan Dalton to US and Bermuda, Europe, casualty & specialty, and property CUOs, respectively.
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The senior broker joined the firm in 2018 after a long career at Willis Re.
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ILS strategies specialist Siti Dawson is moving from LGT ILS Partners.
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The executive spent the past 10 years working for Scor Investment Partners.
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He succeeds Nick Heys, who will transition into his new role as international chairman
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No dates have been set, but it is expected that he will retire before the 2023 Florida state legislative session in March.
-
The outgoing CEO will step down in May and spend six months as a strategic adviser to the company.
-
Tristan Abend has been with the Axa XL Reinsurance team for 10 years.
-
The announcement comes on the helm of both houses of the Florida legislature passing the proposed overhaul of the state's property insurance market.
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The Accelerant group provides capacity to MGAs and maintains two reinsurance carriers.
-
David Schmid joins from New Re, where he spent 11 years, most recently as a senior structurer.
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In her new role, the executive will oversee actuarial reserving functions and technical pricing for business underwritten in the US and Bermuda markets.
-
The reinsurer said the appointment comes as it looks to grow in the property treaty arena.
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Yao previously served as senior capital and reinsurance specialist at Suncorp’s Sydney office since joining the company in 2019.
-
The unit will aim to grow captive solutions and structured solutions.
-
The outgoing McGill and Partners head of structured solutions will become CEO of Augment after fulfilling his contact at McGill.
-
She succeeds William Mills, who left his role as group head of ceded re and third-party capital for Allianz.
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The executive will step into her new position on November 28 and will report to Andrew Shaw, the company’s lead property underwriter.
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Baltesar worked for Hiscox Re and ILS before joining Credit Suisse ILS in 2019.
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The executive will help grow the insurer’s presence in the region and support the office’s overall operations and strategy.
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William Mills was most recently group head of ceded reinsurance and third-party capital at Allianz.
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Thorsten Fromhold has been appointed to the new role of chief group reinsurance buyer.
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Martina Müller-Kamp will sit on the board of Twelve Capital’s holding company, while Caroline Clemetson and Andreas Knörzer join the board of Twelve Capita’s investment manager.
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The appointments to the board begin with immediate effect.
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The Bermudian reinsurer said both appointments are effective January 1, 2023.
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The broker-dealer said it would continue focusing on secondary trading activities.
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Former Ariel Re executive Edouard von Herberstein was one of the founding team at HSCM and is leaving to pursue other opportunities.
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The third-party business brings in around EUR1.8bn ($2bn) of Allianz Re’s portfolio.
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Paul Shedden joins from Sompo International, where he was head of portfolio design, pricing and analytics – global insurance.
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Neches will also join the board of directors of the Bermuda-based company, effective immediately.
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Prior to his new role, Mark Twite served as global head of reinsurance finance at Axa XL.
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Jason Bolding adds to the growing team recently joined by Alexandre Delacroix and Keshav Gupta.
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The incoming CUO joins from InsurTech MGA Kettle, where he was also CUO.
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The executive joins from Getsafe and has experience at Zego.
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The implications for the Abu Dhabi investor’s billion-dollar ILS portfolio are not yet known.
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The casualty ILS platform is building out its team following a Series B fundraise.
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Inver Re said the launch was part of its growing inter-disciplinary approach to reinsurance broking.
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Julia Henderson served for nine months on Vesttoo’s board before taking up her new role.
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Steve Bowen will work closely with the Gallagher Research Centre, which was launched just yesterday.
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The expansive broker has also hired Mario Binetti from Everest Re as head of casualty treaty and actuarial.
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The new deputy CIO will have a focus on reinsurance debt investing.
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Rhoads joined Markel in 2013 as part of its acquisition of Alterra Capital Holdings Limited.
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She will succeed CFO and EVP Nick Burnet, who will be leaving the company to pursue other opportunities.
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The executive brings more than 15 years of industry experience, having worked for Neon and Validus Reinsurance.
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The former Gallagher Re broker is the second departure from the firm in Bermuda since the Willis Re sale.
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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.
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Contasta joins the Connecticut-based reinsurer after over 14 years at Alleghany-owned carrier TransRe.
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Chris Killourhy joined QBE in June 2015 and has held several roles in the company, including chief actuarial officer and CFO of QBE’s Australia Pacific division.
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McGhie has served for the past 30 years in Asia.
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Philippe Kremer spent three years at Citi and nearly eight years at Swiss Re Capital Markets.
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The firm also hired Aspen’s Crystal Ottaviano as global risk solutions chief risk officer.
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Neyme was previously vice president, US casualty treaty.
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Swiss Re’s advisory firm aims to offer investment management services to third-party investors.
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Ledger is on a hiring spree after a $75mn Series B round.
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Piotr Nowakowski joined Peak Re in January from Echo Re and was previously head of product underwriting for Peak Re’s P&C business.
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Underwriters in both London and Singapore are in discussions with the company.
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Based in Morristown, New Jersey, the executive will report directly to Victor CEO Brian Hanuschak.
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Sharon Ooi joins Swiss Re’s executive board and will be based largely in Hong Kong.
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Craig Dandurand is to depart Australia’s Future Fund after nine years, as the pension scheme reorganised its investment team, putting its ILS portfolio under the responsibility of new head of alternatives Tammi Fischer.
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He led on structuring an innovative $1.15bn reinsurance stop-loss transaction in April.
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Gupta moves from Axis Capital where he served for four years in the New York team.
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The property reinsurance underwriter had joined Axis Re’s London team three years ago.
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Board member David Patterson took on the role on an interim basis, while Monarch has recruited a new CFO who previously served at Security First.
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Jacquet previously served for five years at Credit Suisse ILS.
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The executive will rejoin as EVP, reinsurance purchasing and risk capital optimization.
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Kalachian moves from Allianz where he was a managing director.
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Claire Souch helped upgrade RMS’s US hurricane model in 2011 during her previous tenure at the firm.
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The recruit joins from Verisk.
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Howie was a principal in Mercer’s hedge fund boutique where his areas of coverage included ILS.
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The consultant will be heading up manager research at the legacy carrier.
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Matz worked at Tower Hill for 26 years, where his titles included COO and SVP.
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The former Chubb exec will remain on the board as an independent director, along with president and CEO Jacques Bonneau.
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Envelop anticipates that cyber ILS could hit $100mn of GWP within four years
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Peter Kiernan replaces Simon Penney, who is moving to an analytics role.
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They will join the team led by Stefano Sola to bolster Vesttoo’s alternative investment products.
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Mary O’Connor joins from KPMG, where she was acting CEO.
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Grant Baxter will take up the role towards the end of the year.
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Tim Rayner was most recently CEO at the company.
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Dan Dijak is to oversee business development and retention in North America.
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It is understood that he will work on large global client accounts and staff mentoring.
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After 26 years the firm’s chairman of UK and global specialties is stepping down.
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Managing director Laura Twidle is to replace founder Joel Baker, who will become vice chairman.
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His move follows other turnover among ILS consultants last year.
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In this newly created role, Joe Stuhl will lead the reinsurance organization’s global distribution strategy and address emerging needs.
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Kevin Rehnberg, who has been out on leave for health reasons since March 2022, is stepping down from the top role and the board of directors.
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The executive will report to Everest Group COO and head of reinsurance Jim Williamson.
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QBE Re CUO Peter Wilkins will step into the role until a suitable replacement is found, the company said.
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John Duda joins from Markel, where he led the retro portfolio management team and was instrumental in the launch of Markel’s ILS fund, Lodgepine Capital Management.
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The outgoing reinsurance CEO will be succeeded by Stuart McMurdo, current CEO of Scor UK, the Scor syndicate and regional CEO of EMEA.
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CEO Luca Albertini has no immediate plans to step down but the firm said the promotion provided clarity on succession plans.
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Based in Bermuda, Jesse DeCouto will report directly to Validus Re CEO Chris Schaper.
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Sources said the company is to part ways with around 60 staff as it completes the pivot to specialty (re)insurance.
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The executive joins after spending a decade at Nephila Capital.
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The broker said its capital markets unit would be “fully aligned with the broking and analytics teams.
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The broker spent three years with Aon in Bermuda and New York.
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The executive has worked for Beazley for almost 16 years.
