Ariel Re hires former Nephila-exec Oswald as Chief Analytics Officer

Ariel Re, the Bermuda-headquartered international reinsurance company, has hired Apryle Oswald to the newly created role of Chief Analytics Officer.

Oswald had spent the last eight years working as a Portfolio Manager at the largest insurance-linked securities (ILS) asset manager, Nephila Capital.

Oswald now joins Ariel Re from December 20th 2021 and will be based in the firm’s Bermuda office.

The new position at Ariel Re will put Oswald in charge of a team responsible for providing the reinsurance the firm with advanced analytics to support its underwriting capabilities.

Oswald will also assist Ariel Re by supporting the reinsurers’ global data management and governance, research and develop new data analytics capabilities and expanding its current analytics abilities.

It’s expected to be achieved by leveraging Ariel Re’s proprietary, portfolio software system to service its clients, regulators and investors.

Oswald served as Portfolio Manager at Nephila Capital for 8 years, before which she spent 7 years with RenaissanceRe as a Vice President, Underwriting. She has also worked at KPMG in Bermuda, Calfarm Insurance and AIG in actuarial roles during her career.

Ariel Re said that the hire “aligns with Ariel Re’s vision of being the premier manager of reinsurance risk.”

“We are delighted to welcome Apryle to this new position,” explained Ariel Re CEO Ryan Mather. “Apryle brings a wealth of experience and tremendous knowledge of the market, which will complement the skills of the strong analytics team we already have in place.

“The appointment of a Chief Analytics Officer reflects our ambition to embed and co-ordinate analytics across all lines of business we write, underlining its importance as a core foundation for our future success.”

Ariel Re leverages third-party reinsurance capital to support its underwriting and has added a number of hires with ILS fund management experience over the last few years.