SCOR Investment Partners announced the promotion of Sidney Rostan as head of Insurance-Linked Securities (ILS), effective April 1, 2019. Sidney Rostan replaces Vincent Prabis, who is leaving the company to take a different career path.
Rostan, 47, will be in charge of all of the ILS management business (including catastrophe bonds and collateralized reinsurance contracts), which amounted to more than US$1.34 billion at the end of February 2019. He reports directly to Fabrice Rossary, chief investment officer of SCOR Investment Partners.
Rostan joined SCOR Investment Partners in July 2015 as a senior ILS portfolio manager. He co-managed all of SCOR Investment Partners’ ILS portfolios and segregated mandates and participated in business development.
Pierre Mouilhade, 35, ILS portfolio manager, will take on additional responsibility for private transactions. He reports directly to Rostan. Mouilhade joined SCOR Investment Partners as an ILS analyst and portfolio manager in June 2015. In charge of the analysis and management of catastrophe bonds, Mouilhade has much experience in the analysis of transactions, securities trading and broker relations, said SCOR.
Grégory Scheffer, 46, has been appointed ILS portfolio manager notably for the catastrophe bond markets, reporting to Rostan. A member of the ILS team since June 2014, Scheffer is an expert in portfolio risk modeling and monitoring.
The recruitment of a specialized analyst will further strengthen the team, said SCOR.
“I’m pleased to announce the appointment of Sidney as head of ILS. ILS represents a strategic business activity for us and has been the first investment strategy to have been historically commercialized towards external investors,” said François de Varenne, CEO of SCOR Investment Partners.
- Sidney Rostan joined SCOR Investment Partners as senior ILS Portfolio Manager in July 2015. He has more than 18 years’ experience in the alternative reinsurance market. Before joining SCOR, Rostan worked for nine years at Natixis where he was head of ILS. His responsibilities included the origination, structuring and placement of catastrophe bonds and private transactions. He previously was a senior structurer at Marsh, where he developed the European cat bond and weather derivatives activity. Prior to that, Rostan was head of the structured products back office at Crédit Foncier de France. He then worked as an interest rate and foreign currency trader at Dexia. He has a master’s degree in finance with a specialization in market finance from the Skema Business School, Sophia Antipolis.
- Pierre Mouilhade joined SCOR Investment Partners as ILS analyst-portfolio manager in June 2015. Before joining SCOR, he was head of the complex risk modeling teams (flooding, terrorism, etc.) for AXA Group Risk Management. Mouilhade began his career at CACIB as a proprietary derivatives trader from 2007 to 2012. He is an actuary and a graduate of the Ecole Nationale de la Statistique et de l’Administration Economique (ENSAE).
- Grégory Scheffer joined SCOR Investment Partners in 2011 to develop equity volatility and convexity strategies. In June 2014, he joined the ILS team as an analyst. He previously worked for two years at OFI AM where he managed an index arbitrage fund. Between 2005 and 2009, he worked as an analyst at ADI on various quantitative strategies (credit, equities, convertibles) and then as a portfolio manager of various quantitative funds (equities, synthetic convertible bonds). Scheffer began his career in 2001 at Natexis as a quantitative analyst within the equity hedging and derivatives team. He holds a PhD in mathematics from the University of Toulouse and an engineering degree from ENSAE (Sup’Aéro).
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