Guy Carpenter
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Matthew Flynn joins from RenaissanceRe. -
In the US, the index fell 6.7% year on year.
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A group of Bermuda staff also left the broker.
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The Bermuda-based team is led by John Fletcher.
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The headcount at the start-up now stands at around 40.
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The catastrophe bond comes after the issuance of a Mayflower Re bond last year.
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His leadership roles included overseeing the firm’s capital solutions group.
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The terrorism pool has shifted its programme from facultative to an XoL arrangement.
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Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
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The broker estimated ILS capital has reached $107bn.
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Magnani has served for more than 14 years in ILS broking roles.
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The panelists discussed the ILS reset and the path to maintaining discipline in this sector.
