MultiStrat, the specialist underwriter, reinsurance funding facilitator and casualty insurance-linked securities (ILS) firm, has introduced that it has appointed Maryam Abdullah as Head of Pricing, to help the corporate’s development plans for 2025.
Based mostly in Bermuda, Abdullah who has been with MultiStrat since 2022, working as a advisor, now joins the organisation on a full-time foundation.
Abdullah, who specialises in product improvement for structured and capital reduction transactions, is a completely certified Actuary (FIA) with over 20 years of actuarial expertise.
She additionally brings greater than 10 years of expertise from working as a dealer within the capital markets and re/insurance coverage sectors in direction of her new function.
Earlier than she joined MultiStrat, Abdullah labored as a advisor at quite a few corporations throughout the re/insurance coverage market, together with Greenlight Re, Renaissance Re, and the African Threat Capability.
She additionally beforehand served within the Head of Capital place at Capsicum Re, which rebranded to Gallagher Re in 2020 following Arthur J. Gallagher & Co. (AJG) taking 100% possession of the corporate.
Commenting on Abdullah’s appointment, MultiStrat Chief Government Officer Bob Forness, mentioned: “We’re thrilled to have somebody of Maryam’s caliber on our underwriting staff. Her in depth expertise throughout insurance coverage, reinsurance, and capital markets will additional strengthen our underwriting experience and assist the corporate forge forward with its bold development technique.”
All through the final two years, MultiStrat has made a sequence of senior hires and promotions, as the corporate continues to spend money on superior information, insurance coverage and funding pricing, and portfolio optimisation capabilities to facilitate its future development ambitions in casualty insurance-linked securities (ILS).
In September, the corporate introduced that Kier James stepped up from Vice President, Underwriting, to the function of Chief Underwriting Officer (CUO), whereas Patrick Grealy, Government Vice President, transitioned to the expanded function of Portfolio and Efficiency Administration.
