ILS
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Non-proportional business accounted for 34% of its total.
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The platform will transform ILS transactions on behalf of Jireh and SRS clients.
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The firm will advise and support third-party risk capital providers.
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The platform will match partner capital to provide capacity for reinsurance placements.
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PFZW’s insurance allocation stood at $8.7bn as of year-end.
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He joins from Pillar Capital and will be based in Bermuda and New York.
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Fermat stayed in the top spot surpassing $10.0bn for the first time.
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Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
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The former Credit Suisse ILS head Niklaus Hilti said working on life buyout hedges could rejuvenate the life ILS market.
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Kusche and Rosenberg will co-lead the firm’s global ILS business.