Twelve Capital UK appoints ex-Securis Maximchuk as non-exec director
Twelve Capital, fund manager specialising in insurance investments, has appointed Tony Maximchuk as a non-executive director for its UK operation.
Maximchuk was previously at London-based ILS asset manager Securis Investment Partners before retiring in 2019.
"[Maximchuk] has a deep understanding of the needs of institutional investors and a strong track record providing solutions to improve the risk return profile of their investment portfolios," said Urs Ramseier, executive chairman and CEO of Twelve Capital Group.
"We are excited to attract the talent, expertise and connectivity of Tony to Twelve Capital, as we want to draw the world of insurance and reinsurance into a closer, more productive relationship with the capital markets," he added.
Maximchuk said: "Twelve Capital has successfully built a large client base – to date, mainly in continental Europe but already has a well-established office and team in London. I am very much looking forward to helping develop Twelve Capital’s plans to do the same for investors here in the UK and am delighted to be appointed a member of the Board of Twelve Capital (UK) Limited.
He added: "This year ILS have again demonstrated the low level of correlation to other asset classes they are noted for and, while the recent years of catastrophe losses have created losses and trapping of collateral in some parts of the market, it would appear clear that investors should be looking at an opportunity where perhaps this time, re/insurance premium increases may be longer lasting.”
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze