April renewals saw significant rate increases on loss-affected accounts, according to Willis Re.
The executive will lead risk analytics function across Validus, Alphacat, and Talbot.
CEO Michael Watson says the business is "highly complementary" to its existing ILS operations in Bermuda.
The platform could revolutionize the way in which reinsurance and ILS deals are priced
The executive will advise Kovrr on its global expansion strategy.
It worked with investor Vida Capital on the transaction, which is its largest to date.
The company used to offer collateralized reinsurance and invest in ILS.
However, it is expected to benefit from the largest exposure to rising prices.
Cat bond aims to protect against mortgage default risk caused by earthquakes.
ILS shows ‘remarkable growth’ and has become ‘an integral component’ for re/insurers approaching risk transfer.