Operations/tech
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The new chief joins from Hiscox ILS with a mandate to expand the reinsurer’s third-party capital platform.
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The former Willis broker will lead the development of the group’s international M&A book.
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The executive has begun sounding out investors about a retro offering.
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Ronald Bolaños takes the helm of the Miami-based operation.
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The syndicate in a box will underwrite Australian non-profit and other mutual risks.
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Clarence Wong will be based in Hong Kong and report directly to CEO Franz Hahn.
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Axis, Convex, Chaucer, BPL and Decus all have offices in the building.
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Top (re)insurance executives including Stephen Catlin, Steve McGill and Ascot’s Andrew Brooks will meet quarterly to assist the platform on international expansion.
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Pre-emptions in the mid-teens and above suggest that Lloyd’s is willing to permit exposure growth for some syndicates.
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Jonathan Ibbott, David Watts and Urs Uhlmann have also left the business.
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With its plans for ERS, Aquiline is looking to attack the hardening phase with the assets it has to hand.
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The capacity represents a pre-emption of 18%.
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