SCOR Investment Partners has promoted Sidney Rostan to head of insurance-linked securities (“ILS”).
In this position, Mr. Rostan is in charge of all of SCOR's ILS management business (including catastrophe bonds and collateralized reinsurance contracts), which amounted to more than US$1.34 billion at the end of February 2019.
He reports directly to Fabrice Rossary, SCOR's chief investment officer.
Mr. Rostan joined SCOR in July 2015 as a senior ILS portfolio manager. He co-managed all of SCOR's ILS portfolios and segregated mandates, and participated in the development of the business in recent years.
Before joining SCOR, he worked for nine years at Natixis, where he was head of ILS. His responsibilities included the origination, structuring, and placement of catastrophe bonds and private transactions. He previously was a senior structurer at Marsh, where he developed the European cat bond and weather derivatives activity.
Prior to that, Mr. Rostan worked as head of the structured products back office at Crédit Foncier de France, and then as an interest rate and foreign currency trader at Dexia.
Mr. Rostan holds a masters degree in finance with a specialization in market finance from the Skema Business School, Sophia Antipolis.
SCOR also announced that Pierre Mouilhade, ILS portfolio manager, will take on additional responsibility for private transactions. He reports directly to Mr. Rostan.
Mr. Mouilhade joined SCOR as an ILS analyst and portfolio manager in June 2015. In charge of the analysis and management of catastrophe bonds, he has experience in the analysis of transactions, securities trading, and broker relations.
He is an actuary, and a graduate of the Ecole Nationale de la Statistique et de l'Administration Economique (“ENSAE”).
SCOR also appointed Grégory Scheffer as ILS portfolio manager for the catastrophe bond markets. He reports directly to Mr. Rostan. A member of the ILS team since June 2014, Mr. Scheffer has experience in portfolio risk modeling and monitoring.
Mr. Scheffer holds a Ph.D. in mathematics from the University of Toulouse and an engineering degree from ENSAE (Sup'Aéro).
François de Varenne, SCOR's chief executive officer, stated, “I'm pleased to announce the appointment of Sidney as head of ILS. ILS represents a strategic business activity for us and has been the first investment strategy to have been historically commercialized towards external investors. Sidney, who joined the team in 2015, benefits from more than 18 years of experience in the alternative reinsurance market. His deep knowledge of the market, his structuring expertise, the strong relationships he has built with cedents and brokers, as well as his customer-oriented mindset, will greatly contribute to our future success.”
Learn more: www.scor-ip.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].