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Swiss Re appoints Mirjam Wiget to lead Alternative Capital Partners
The leadership change takes effect Oct. 1, as Martin Zingg moves to Group Chief Investment Officer.
Swiss Re has named Mirjam Wiget to lead its Alternative Capital Partners (ACP) division, with the transition set for Oct. 1. The appointment comes after Martin Zingg, who had been head of ACP earlier this year, was promoted to Group Chief Investment Officer.
ACP, created in 2019, oversees Swiss Re’s activities with alternative capital investors, including catastrophe bond and insurance-linked securities, covering structuring and ILS fund management operations. Wiget, a Swiss Re employee for more than 15 years, will step in as ACP head and report directly to Zingg.
Before taking on the ACP role, Wiget led Swiss Re’s Alternative Capital Solutions unit, launched recently and focused on insurance-linked securities and retrocessional hedging and execution. Swiss Re said the change will not alter the established ACP structure, with Mariagiovanna Guatteri continuing to lead its third-party ILS investment management business and Jean-Louis Monnier continuing to lead ILS structuring and origination.
In a related change, Andy Palmer, a long-standing ILS specialist at Swiss Re, is set to become Head of Strategic AC and ILS Transactions. The company said Palmer will lead Swiss Re-sponsored ILS and alternative reinsurance capital transactions, while also continuing as CEO of Swiss Re Capital Markets Limited, overseeing regulated ILS activities in the UK and managing Swiss Re’s ILS structurers in Europe.