Following the current departure of long-standing senior insurance-linked securities (ILS) worker Daniel Ineichen, Schroders Capital has promoted one other key govt, Flavio Matter, to the place of Head of ILS.
Ineichen had been at Schroders Capital and the specialist ILS agency it had bought, Secquaero Advisors, since 2007, holding more and more senior roles.
Having run the disaster bond funds for a lot of years, Ineichen grew to become Head of Portfolio Administration at Secquaero, then held equally senior roles after Schroders acquired that firm and earlier this 12 months became Co-head of ILS at Schroders Capital, alongside Flavio Matter.
Ineichen has departed to pursue a brand new alternative, Schroders Capital confirmed and the ILS group there started the method of transitioning his duties in September.
A spokesperson for Schroders Capital instructed us, “Daniel Ineichen has left the corporate to pursue one other alternative. Daniel’s duties have been assumed by his ILS colleagues as of finish of September 2024, demonstrating the depth of funding expertise throughout the group.
“Flavio Matter is now Head of ILS, whereas Guillaume Courtet was already promoted to Head of Portfolio Management ILS earlier this year.
“Mark Gibson helps Flavio as Senior Funding Director.”
Matter is one other long-standing govt at Schroders Capital, having joined the corporate a decade in the past after nearly ten years spent in disaster threat evaluation and reinsurance.
He first joined as Head of Pure Disaster at Secquaero, then grew to become a Senior ILS Underwriter for Non-life dangers at Schroders in 2019.
Matter was promoted to Head of ILS Origination in 2020, earlier than turning into Co-Head of ILS, Schroders Capital, within the modifications made earlier this 12 months.
Flavio Matter recently participated in Artemis’ Monte Carlo Rendezvous Executive Roundtable.
Schroders had $5.8 billion of ILS property beneath administration (AUM) as of June thirtieth this 12 months, putting them in the top-five largest ILS investment managers.
