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The recruit was formerly a portfolio manager at Nephila Capital.
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The former Army captain is expected to remain in the insurance industry. -
Manjit Varwandkar, who managed the parametrics product line at Sompo, will manage the Medici Fund.
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November moves included a new team at Inver Re.
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K2 Parametric will offer policies that pay pre-agreed claim amounts based on local parameters of measurable events, such as hurricanes or earthquakes.
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SiriusPoint has hired Andreas Kull as its new chief risk officer, the Bermudian carrier announced.
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Swiss Re CEO Christian Mumenthaler has been appointed chairman of The Geneva Association at the company’s 10 November board meeting, while Lee Yuan Siong, chief executive and president of AIA, was appointed vice chairman.
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Ardonagh’s reinsurance business Inver Re has hired former Howden executive Nick Griffiths as a director.
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The company confirmed its hire of Ian Wicks and announced Simon Arnott as a Bermuda executive.
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Twelve Capital has promoted two executives to the new roles of co-managing partners to take on day-to-day management at the firm and head its group management committee.
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AIG has disclosed that AlphaCat’s AuM was $3.5bn as of 30 September, down by $300mn from the $3.8bn reported for Q1 2021, and 17% from $4.2bn a year ago.
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