The group tasked with making “the UK a more attractive domicile “ for insurance
linked securities (ILS) does not include representatives from the firms
responsible for measuring their risk, although a representative said that group
may consider including catastrophe modelers at a later time.
The ILS Task Force of the London
Sarah Street, XL Group’s chief investment officer for over a half decade, is
stepping down from her position to take on a new role to focus on alternative
risk transfer structures.
Street will “assist in the further build-out of other alternative capital
efforts, and continue to lead key-innovation initiatives,