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Sykes has spent over 31 years with Aon, with the last 15 of those in Guernsey. -
The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
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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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The Floridian company applied to be traded on the NYSE.
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He joined Nephila in 2023 from Lancashire as a senior underwriter.
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Portfolio rebalancing was not triggered last week, but investors are now distracted and nervous.
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Gokul Sudarsana has been with the company since 2020, having joined from Deloitte.
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The Swiss pension fund’s ILS allocation stood at 4.9% of the total fund as of 25 March.
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Suzanne Wells is also joining the company from Arch as COO.
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The announcement spurred a quick spike in stock market valuations.
