The draft guidance proposes stress tests for asset-intensive reinsurance deals, including recapture events and multiple reinsurer failures, to assess impacts on solvency and reserves.
Record issuance and steady returns are drawing broader investor interest, but stronger data, transparency, ratings and regulatory confidence remain critical for Asia to scale participation.
The vehicle will support business from the firm’s Portfolio Solutions team, which targets opportunities from its MS&AD network and Lloyd’s initiatives.
Ziswiler has been with the reinsurer for 16 years and will also take on Country President responsibilities for Singapore, Malaysia, Hong Kong, Korea and India.
The facility, which aims to provide coverage of US$500m each for hull war and cargo war, will be backed by Lloyd's syndicates and will remain open to third-party capital.