Trading Risk September 2017

Swiss Re Capital Markets has hired Edward Johnson from Leadenhall Capital Partners to join its London ILS team.

Duncan Hennes and Valerie Rahmani have been appointed to RenaissanceRe's board of directors.

Group chief risk officer Charles Mathias has joined the board of Fidelis Insurance, following the departure of Neil McConachie, who resigned as chief financial officer and director in January.

Schroders has appointed Alan Cauberghs as head of private assets to oversee its activities in various sectors, including its ILS division Secquaero.

Ascot Group has recruited Joe Calise from Guy Carpenter to run Vertical Underwriting Managers (VUM), the first US specialty MGA under its Ethos Specialty Insurance Services platform.

Average ILS fund returns reached 2.23 percent by the end of July, according to the Eurekahedge ILS Advisers Index.

The Prudential Regulation Authority (PRA) is due to issue rules based on its interpretation of the UK's recently published ILS regulations at the end of this month or in early October.

The major continental carriers and dominant catastrophe writers are likely to be among the key reinsurers of the regional and specialist insurers exposed to Hurricane Harvey claims.

Can savings on insurance in the future somehow be leveraged to invest in resilience today?

JLT Re has appointed Nicolas Bardon as a partner in its Bermuda operation, reporting to head of office Guy Hengesbaugh.

Susan Lane has joined the captives consulting business of Willis Towers Watson.

Hurricane Harvey will impact reinsurer earnings but is unlikely to spur a reversal in softening pricing, analysts said.