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 concentrate on danger 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 lately serving as an underwriter centered on non-marine retro, index merchandise, danger/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 group and we will’t wait to see what he achieves in his new function,” stated Fergus Morrison, Associate, Aeolus.
The appointment of Scrocca follows quite a few additions to the Aeolus group in 2024, together with Maya Henry to its Enterprise Growth and Investor Relations group, and climate and local weather meteorologist, Dr. Chris Hennon, as Senior Analysis Scientist, and likewise Dia Bhatia from funding financial institution J.P. Morgan, additionally to the Enterprise Growth and Investor Relations group.
Final yr, the corporate additionally introduced that its CEO, Andrew Bernstein, will turn into the Head of Portfolio Administration amid the departure of co-head Evan Winters on the finish of 2024.
