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

Swiss Re has hired experienced insurance-linked securities (ILS) and reinsurance executive Pierre Wiart in Australia as APAC Business Development Manager for its third-party capital markets focused Alternative Capital Partners (ACP) division.

NormanMax Insurance Holdings, the US based parametric insurance and reinsurance group that is the operator of the first pure-parametric syndicate at Lloyd’s, has announced the hiring of Jonathan Friedland from Universal Property & Casualty Insurance Company (UPCIC).

Accelerant, the insurtech that helps members exchange or transfer risk more effectively and connects them with long-term capital, has appointed its first Head of Capital Markets, hiring Peter Shen for the position, an executive with experience in investment banking and insurance-linked securities (ILS).

Reinsurance broker Gallagher Re has made a key appointment, hiring senior executive Lara Mowery, the Global Head of Distribution at Guy Carpenter, the company confirmed today.

NormanMax Insurance Holdings, the US based parametric insurance and reinsurance group that is the operator of the first pure-parametric syndicate at Lloyd’s, has announced the hiring of a new Chief Underwriting Officer in Daniel Turgel from Topsail Re, as well as a new General Counsel with ILS experience in Matthew Gabin.

Broking giant Aon has hired Teresa Gallant from Canopius to become the Chief Operating Officer for its Marilla Investment Management Ltd. entity that offers reinsurers and investors a route to access returns from a globally diversified book of reinsurance. It also appears some capital may have been raised for a Marilla private fund this year.

Full-service global law firm Locke Lord has announced the hiring of J.P. Hong, an experienced insurance-linked securities (ILS) lawyer that previously worked at Sidley, seeing the ILS market as a strategic growth area for the company.

Andrew Bernstein, the CEO of specialist insurance-linked securities (ILS) and reinsurance investment manager Aeolus Capital Management Ltd., will become the Head of Portfolio Management at the firm, as co-head Evan Winters is to depart at the end of this year.

Generali Global Corporate & Commercial has appointed alternative risk transfer and capital solutions executive Michele Pignoli as its new Global Head of Parametric Products & Solutions.

Global reinsurance firm Hannover Re has announced that employee Michael Eberhardt will become its new Managing Director and Chief Underwriting Officer (CUO) of Hannover Re Bermuda.