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

Vesttoo, the insurance-linked securities (ILS) focused insurtech company, has made another senior hire focused on institutional capital markets, with former BlackRock executive Thomas Rose joining the company as Head of Capital Markets, North America.

Global reinsurer Swiss Re has announced a significant restructuring of its reinsurance division, splitting it into property and casualty and life and health reinsurance, a move that also separates the responsibilities of its recently departed Group Chief Underwriting Officer.

Vesttoo, the insurance-linked securities (ILS) focused insurtech company, has added another experienced business development hire, with former Akinova and Inari employee Alexander Pike joining the company.

France headquartered global reinsurance firm SCOR has announced a new Chief Executive Officer, hiring Thierry Léger for the position, who was most recently the Chief Underwriting Officer of Swiss Re.

Aspen Capital Markets, the third-party and alternative reinsurance capital management unit of global re/insurer Aspen, has announced the hiring of Chris Lee as Chief Operating Officer (COO), who joins the company from Hiscox Re & ILS.

Inver Re, the reinsurance broking arm of the Ardonagh Group, has announced the hire of long-standing Aon weather and parametric risk transfer leader Kurt Cripps as its new Global Head of Parametric.

Aeolus Capital Management Ltd., the Bermuda based reinsurance and insurance-linked securities (ILS) investment fund manager, has announced a new key hire, taking former Elementum executive Benjamin Somers as its new Managing Director of Business Development.

Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has announced the hiring of Hector Ibarra as its new Vice Chairman of Latin America (LATAM).

Well-known Bermuda-based insurance-linked securities (ILS) market executive Sal Tucci has launched a new venture, Jireh Holdings Ltd., with the company set to bring ILS risk transformation, fronting and advisory services to clients, while a broader insurance management offering is also anticipated in future.

Kettle, the reinsurance focused deep-learning and artificial intelligence (AI) insurtech that launched with a California wildfire focus, has announced its hiring of former Fidelis underwriting leader Brian Espie as Chief Underwriting Officer, while Amit Shah has been promoted to President of Kettle Limited.