Talent
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The former Liberty executive’s long-term ambition is to build a tech-enabled, London-based risk carrier to align with the Future at Lloyd’s vision. -
The experienced executive spent a decade in Asia Pacific and ILS roles at Willis Re.
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Nicholas Hughes will become retro head, while Guy Hengesbaugh and Aaron Coates join as underwriters.
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ILS veteran Kathleen Faries also advocated for an industry superhighway to transform the way risk is moved.
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The underwriter has over two decades of experience and worked in origination and analytics at NewRe.
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Magnani became vice president, based in London, in September.
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Enterprise and property cat reinsurance are a “must have,” chief risk officer Julia Chu says.
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ILS expansion beyond cat will continue, the Everest Re CEO added.
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The executives also called for government-private sector partnerships to address future pandemics and other protection gaps such as cyber.
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Rising capital costs, not losses, will support reinsurance rate increases, the CEO argued.
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The reinsurance broker’s international chief leaves after 35 years.
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The appointment follows a number of senior departures from Aon’s reinsurance ranks.
