Trading Risk September 2017

Taking on new perils may help ILS markets to compete outside the US, says the Generali executive.

Swiss Re Capital Markets has hired Edward Johnson from Leadenhall Capital Partners to join its London ILS team.

Barbican's group leader of property treaty business, Aaron Coates, has resigned and is expected to join Twelve Capital later this year, sources said.

Susan Lane has joined the captives consulting business of Willis Towers Watson.

Ascot Group has recruited Joe Calise from Guy Carpenter to run Vertical Underwriting Managers (VUM), the first US specialty MGA under its Ethos Specialty Insurance Services platform.

Shrinking hedge fund Pine River Capital Management has shut its ILS desk, joining the ranks of generalist asset managers that have retrenched from the sector, Trading Risk revealed this month.

The Canada Pension Plan Investment Board (CPPIB) will support Lloyd's insurer Ascot's plans to grow its newly launched MGA platform, Ethos Specialty Insurance Services.

Schroders has appointed Alan Cauberghs as head of private assets to oversee its activities in various sectors, including its ILS division Secquaero.