Aeolus Capital Management Ltd., the Bermuda based reinsurance and insurance-linked securities (ILS) investment fund manager, has announced the promotion of long-standing team member Fergus Morrison to Partner at the firm.
Morrison joined Aeolus back in 2018, since when he has served as a Portfolio Manager on the team responsible for underwriting and pricing property catastrophe collateralized retrocession and reinsurance limits.
Effective immediately, Morrison is now an Aeolus Partner, subject to Bermuda immigration approval and will also join Aeolus’ Operating Committee.
The Operating Committee takes on responsibility for reviewing the performance and strategic direction of the Aeolus group, as well as having oversight of its day-to-day operations.
Morrison was formerly an underwriter at ILS fund manager Securis Investment Partners, where he held a key role in the team as an analyst with experience in pricing, modelling and underwriting collateralised reinsurance, retrocession, ILW’s, and cat bonds.
Prior to that, Morrison worked at RMS Capital Markets, an ILS focused unit of the risk modeller, as a consultant.
Andrew Bernstein, Aeolus Capital Management CEO, commented, “Fergus is one of the catastrophe reinsurance sector’s stand-out portfolio managers and this promotion signifies our recognition of his invaluable skillset and outstanding record at Aeolus.
“Our ability to attract top-tier talent continues to enhance Aeolus’ capabilities as a premier manager of reinsurance risk. We are very excited to advance Fergus’ career and proudly welcome him as a Partner.”