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The corporate finance adviser has held roles at Deutsche Bank, Citigroup and Morgan Stanley.
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Mike Schindel replaces Ross Nottingham who was promoted to chair of North America for Hiscox Re and ILS North America in August.
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The Covea CEO’s resignation follows his company’s thwarted takeover of Scor.
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The former XL Catlin chief operating officer is taking on an advisory role at the start-up which is developing a trading platform for (re)insurance risk.
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The 2019 business plan for ILS-backed Arcus Syndicate 1856 includes an increase in capacity for property insurance.
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People moves in the ILS market, November 2018
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Silva left his position as senior underwriter at Scor back in June this year.
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The former XL Catlin executive controlled one of the biggest portfolios of ceded reinsurance in the market.
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Michael McKnight had joined the firm in May this year.
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Former Marsh broker Richard Green has joined as regional head of the alternative risk transfer business.
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Former Aon broker Jonathan Hughes will join the firm's retrocession team, reporting to head of retro Alex Bridges.
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Campbell Brown will be responsible for co-managing ILS investments across the firm’s platform.