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Ken Randall has stepped down from the role but stays with the group as chairman.
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The weather protection market currently resembles the early ILS market, according to the Nephila managing principal. -
She will be based in San Francisco.
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Paul Eaton becomes ILS managing director and Mike Matthews joins as commercial director as Artex makes changes in its international division.
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The executive will move back to broking after nearly two years at Axis Capital.
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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.
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Philippe Kremer previously worked for Swiss Re Capital Markets, most recently as director and deputy head of ILS structuring Americas.
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Their hire will help bolster the broker’s ILS presence in New York.
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The executive will work alongside head of international catastrophe Andrew Mellor at the Bermuda reinsurer.
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Kean Driscoll had been CEO of Validus’ reinsurance division since 2012, becoming president of Validus Holdings in 2017.
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The minority sale will leave the firm operating independently, the firm’s co-founders told Trading Risk.
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The Everest Re group member has been hit by the departure of CEO Rick Pagnani and chief operating officer Michael Beck over the last year.
