Swiss Re names Minter Head of Various Capital Companions (ACP) as Rüede departs – Cyber Tech

Swiss Re has appointed worker Chris Minter as the brand new Head of its Various Capital Companions (ACP) division, as incumbent to the place Philipp Rüede is departing the worldwide reinsurance firm.

Various Capital Companions (ACP) was based in 2019, changing into the division that oversees all of Swiss Re’s actions with different capital traders, in addition to within the disaster bond and insurance-linked securities (ILS) market.

Philipp Rüede, previously World Head P&C Structured Options at Swiss Re, took on the place as Head of the Various Capital Companions unit and has led its improvement since then.

Now, following 12 years on the firm, Rüede is ready to depart Swiss Re to pursue exterior alternatives, the reinsurance firm defined.

A Swiss Re spokesperson instructed Artemis, “We want to thank Philipp for his vital contribution to ACP’s success, and we want him properly in his future endeavours.”

Chris Minter, presently Head of Principal Investments & Acquisitions (PIA) at Swiss Re, might be taking up the Head of Various Capital Companions (ACP) position on the firm.

“Along with his 11 years at Swiss Re, Chris brings management expertise from his prior roles at Deutsche Financial institution as World Head of Personal Fairness and World Head of Company Growth, in addition to in depth listed firm Board expertise,” the spokesperson instructed Artemis.

In his earlier position on the reinsurer, Minter was chargeable for the continued administration of Swiss Re’s principal investments portfolio, in addition to for acquisitions and divestments of strategic and monetary holdings of the corporate.

Earlier than he joined Swiss Re in 2013, Minter spent greater than a decade at Deutsche Financial institution, in senior roles together with as World Head and CEO of DB Personal Fairness.

Previous to the funding financial institution, Minter labored at consultancy PwC, spending 7 years there serving to insurance coverage and banking purchasers.

Throughout his profession, Minter has additionally held quite a few non-executive director positions at listed insurance coverage and monetary companies corporations across the globe.

Again on the finish of Might we reported that belongings underneath administration throughout the Various Capital Companions (ACP) division of Swiss Re had reached $5 billion at April 1st 2024, of which $3.4 billion was from third-party traders.

Actions underneath the ACP division at Swiss Re have expanded in recent times, with the launch of devoted ILS fund administration models, growth of its risk-sharing partnerships via quota share reinsurance sidecar preparations, and rising exercise in disaster bond structuring, bookrunning and secondary market buying and selling.