International reinsurer Hannover Re has appointed Angela Jaramillo as an Affiliate Underwriter inside its Capital Markets and insurance-linked securities (ILS) workforce.
Jaramillo, has been with the reinsurer since 2021, having most not too long ago served as an Affiliate Underwriter for the corporate’s property and casualty (P&C) Treaty Underwriting workforce for Latin America, Spain and Portugal.
As well as, Jaramillo beforehand labored at dealer JLT Re between 2013 to 2015.
She joined the agency in April 2013 as a Reinsurance Treaties Assistant, earlier than later happening to turn out to be a Junior Dealer/Account Handler throughout the dealer’s non-marine treaty workforce, the place she was based mostly in London.
Throughout her final yr with JLT Re, Jaramillo served as an Actuarial Analyst, the place she primarily handled P&C Reinsurance Treaties Pricing for tenders for Lloyd’s Syndicates Programmes, pure disaster swimming pools and worldwide insurers and reinsurers.
She has now moved throughout to Hannover Re’s Capital Markets and insurance-linked securities workforce, the place she’s going to presumably work on alternatives that see the reinsurer partnering with ILS traders or ceding threat to ILS markets.
Lately, Hannover Re has turn out to be probably the most vital facilitators throughout the world ILS market.
The reinsurer’s work helps cedents with their disaster bond transactions, by fronting the capital markets, and in addition utilising its balance-sheet to assist different ILS fund managers and traders entry reinsurance and retrocessional threat in collateralised kind.
Moreover, Hannover Re’s place as a facilitator for the ILS market continued to grow last year, by means of its fronting and threat transformation actions for collateralised reinsurance and disaster bond transactions.
Earlier this month, the reinsurer returned to the catastrophe bond market in search of $175 million or more in broad retrocession protecting worldwide peak perils on an annual combination foundation, from a 3264 Re Ltd. (Series 2025-1) transaction that’s being provided to traders.
As a reminder, you may learn all about this new 3264 Re Ltd. (Series 2025-1) disaster bond from Hannover Re and each different cat bond issued within the Artemis Deal Directory.
