Hiscox Re ILS hires Garcia as portfolio manager

Share

Hiscox Re ILS, the reinsurance and insurance-linked securities (ILS) arm of global re/insurer Hiscox Group, has added a new portfolio manager to its ILS investment team recently, hiring Aaron Garcia from London re/insurer Novae Group.

Garcia officially joined the Hiscox Re and ILS investment team as a portfolio manager in September 2017.

He spent five years at Novae as an international property treaty underwriter, based in both Zurich and Bermuda. Prior to that, Garcia worked as a reinsurance broker at JLT Group in London.

In the portfolio management role Garcia will report to Matthew Swann, and working as part of the ILS investment team in Bermuda, he will have responsibility for underwriting reinsurance business into the funds managed by Hiscox Re ILS.

Swann commented on the hiring of Garcia, “Aaron brings a strong technical underwriting skillset that is core to our investment philosophy, and we are delighted to add him to the team. His hire underpins our ambition to generate attractive risk-adjusted returns for our investors, through superior market access and analytics. As we demonstrate the strength of our model we will continue to invest in growing the team through 2018.”

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.

Read previous post:
RMS puts California wildfire cost at up to $8bn, insured loss to be similar

Catastrophe risk modelling firm RMS has estimated the economic costs of the wildfires in the wine region of California as...

Close