Aeolus Capital Administration Ltd., the specialist insurance-linked securities (ILS) and reinsurance funding supervisor, has introduced the appointment of Giorgio Scrocca from OdysseyRe in London as Assistant Vice President (AVP), Underwriting.
Primarily based in Bermuda, Scrocca joins the ILS supervisor to deal with threat sourcing, cedent relations, underwriting and portfolio administration, explains Aeolus.
He spent greater than seven years with property and casualty reinsurer OdysseyRe, having joined as an underwriting assistant in November 2017, later turning into assistant underwriter, and most not too long ago serving as an underwriter centered on non-marine retro, index merchandise, threat/disaster on direct and facultative, U.S. and worldwide treaty and onshore power.
“We’re completely thrilled to draw somebody of Giorgio’s caliber to Aeolus. He additional enhances our portfolio administration staff and we are able to’t wait to see what he achieves in his new function,” stated Fergus Morrison, Accomplice, Aeolus.
The appointment of Scrocca follows quite a few additions to the Aeolus staff in 2024, together with Maya Henry to its Business Development and Investor Relations team, and climate and local weather meteorologist, Dr. Chris Hennon, as Senior Research Scientist, and in addition Dia Bhatia from investment bank J.P. Morgan, additionally to the Enterprise Improvement and Investor Relations staff.
Final 12 months, the corporate additionally introduced that its CEO, Andrew Bernstein, will become the Head of Portfolio Management amid the departure of co-head Evan Winters on the finish of 2024.
