24 Jan 2006, Gareth Gore, Risk magazine
O’Hearne will focus on weather and commodity trading at the Zurich-based company. In his new role, he will report to global head of environmental and commodity markets Juerg Trueb and Dan Ozizmir, group head of asset-backed securities (ABS), insurance-linked securities, and environmental and commodity markets.
In recent years, Swiss Re has been focusing on combining its reinsurance and capital markets operations to offset the risks on its balance sheet; earlier this week it transferred €252 million of credit insurance risk to the capital markets via the company’s first credit reinsurance securitisation.
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