People moves news, in insurance-linked securities (ILS) and related areas of reinsurance

Nephila Capital, one of the world’s largest and longest-standing insurance-linked securities (ILS) managers, has selected financial technology provider SEI to support its back and middle-office operations in both North America and the UK, as the manager continues to grow its presence in the ILS market.

HDI Global and its parent company Talanx are streamlining their reinsurance purchasing operations through consolidation, signaling potential for increased and larger market transactions such as catastrophe bonds.

Twelve Securis, the specialist insurance-linked securities investment manager, has made some changes to the leadership for its private ILS focused division, with long-standing employee Paul Larrett named as the new Head of Private ILS, as incumbent Herbie Lloyd is set to depart the company.

Nephila, one of the world’s largest and longest-standing insurance-linked securities (ILS) managers, has made changes at the leadership level, with Jessica Laird promoted to become CEO of Nephila Capital, as one of its co-founders, Frank Majors, steps back from the top team to focus on portfolio construction.

PartnerRe Capital Management, the specialist division of global reinsurer PartnerRe that manages third-party capital on behalf of investors and deploys it to reinsurance opportunities, has hired Benjamin Baltesar as Head of Portfolio and Analytics.

Cedar Trace, the Bermuda-based insurance, reinsurance, and asset management group formerly operating under the Mereo brand, has made another senior appointment to its insurance-linked securities (ILS) platform, hiring Patrick Witteveen as Head of Business Development.

Stefano Nicolini, a well-known specialist industry loss warranty (ILW) focused reinsurance broker, has joined Moody’s broker and insurance-linked securities (ILS) focus team as a Director of Sales, where he will be tasked with helping market participants utilise Moody’s catastrophe models and technology solutions.

Euler ILS Partners, the specialist Swiss insurance-linked securities (ILS) investment manager, is continuing to build out analytical capabilities in the firm, with the latest hire being a new Analyst, Ivan Kleiner.

NormanMax, the US based parametric insurance and reinsurance group with a pure-parametric syndicate at Lloyd’s, has hired Yong Li from reinsurer Swiss Re as its first President for Climate and Alternative Risk Solutions, bringing significant expertise in non-catastrophe weather risk transfer and trading to the firm.

Atrium, a specialty insurer at the Lloyd’s insurance and reinsurance marketplace, has entered into the weather and climate insurance market with the appointment of a new specialist team that’s set to be led by weather insurance veteran Dr Ed Byrns.