Trading Risk July 2017

Ascot Group has appointed former RenaissanceRe CEO Neill Currie as executive chairman, noting that he had a mandate to expand the company through organic growth, strategic investments and acquisitions.

TransRe has promoted Kyle Rhodes to the new role of global head of business development, where he will offer clients assistance in accessing third party capital.

Brian Ingle will lead the analytics team for Willis Re North America following Alice Underwood's appointment as head of risk consulting and software.

Twelve Capital's head of investment management John Butler has resigned from the company, sources said.

Willis Re has confirmed that deputy global CEO James Kent will replace John Cavanagh as global CEO when he steps down later this year.

Mayer Brown has recruited Jay Kallas to join its insurance industry group and corporate and securities practice as a counsel in the law firm's Chicago office.

Markel Catco Investment Management CEO Tony Belisle has extended his contract with the company until 31 December 2020.

Reinsurance and retro buyers obtained further rate reductions at the 1 July renewals, although Australian catastrophe losses led to isolated price increases.

The top 10 ILS managers lifted their assets under management (AuM) by 8 percent in the first half of 2017, taking the group's collective capital base to $56.5bn, according to Trading Risk records

Alternative reinsurance growth; ILS rankings; Cyber loss potential; Egon loss estimates rise; Hannover Re fronting expansion; PIC reinsures £1bn longevity risk...