Acrisure Re to launch cat bond offering with Kriesch and Witteveen hires

Share

Share

Both Kriesch and Witteveen will be based in Zurich and report to Ben Canagaretna, global managing director of the division.

The division currently offers rating advisory, capital raising, legacy transactions, and asset management. Acrisure Re executive vice president Craig Darling said the cat bond product offering would further expand the division’s structuring and placement capabilities.

“We are committed to expanding our reach with global investors that will directly benefit the growth aspirations of our existing carriers, MGA clients, and prospects in North America,” Darling said.

Kriesch most recently served as a consultant at his own firm, Kriesch Advisors, providing advisory services on cat bonds, the industry loss warranty market, and start-ups targeting the reinsurance market in general.

He previously served as chief operating officer in IQUW’s ILS division, having earlier co-founded Twelve Capital, where he served as managing partner for nine years.

Witteveen was most recently the global head of business development for Axis ILS. He previously spent seven years at ILS manager Securis Investment Partners as a partner and head of investor relations and business development for Europe.

Canagaretna said: “The cat bond market is an evolving area with strong fundamentals and increasing opportunity.

“Sandro and Patrick are the ideal candidates to lead the charge and we very much look forward to working with them both. This is another great example of Acrisure Re doing its homework and having conviction at the right moment.”

Image by: Acrisure

Share

Latest

Related Content

Media Kit

    Data Protection

    The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

    The Digital Banker Summit

    Moving on from FTX: is 2023 the year of CBDCs?

    Indonesia, Jakarta

    Thailand, Bangkok

    Philippines, Manila

    Contact Us

      Data Protection

      The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

      Request Nomination Pack

      Error: Contact form not found.

      Registration Form

      Error: Contact form not found.

      Registration Form

      Error: Contact form not found.

      Registration Form

      Error: Contact form not found.

      Registration Form

      Error: Contact form not found.

      Registration Form

      Error: Contact form not found.

      The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

      COVID-19
      Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

      Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

      The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

      Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. 

      Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

      Request Nomination Pack

      Error: Contact form not found.