Aeolus senior executive to leave at end of year

Aeolus Capital Management co-head of portfolio management Evan Winters has announced he will leave the company at the end of the year.

The Bermuda-based catastrophe risk manager said Andrew Bernstein, CEO and Co-Head of Portfolio Management, will continue as Head of Portfolio Management at that time.

Aeolus said Winters has been a part of the Aeolus investment team for over 14 years, providing leadership roles in Aeolus’ modelling and portfolio management functions. He relocated to the US in late 2023 and will complete his transition at the end of 2024 to pursue personal interests full-time.

Bernstein said: “All of us at Aeolus want to thank Evan for his years of service and numerous contributions to our shared success. We will miss his leadership and partnership but fully support his decision and are pleased he is staying on through the end of the year to complete a smooth transition. We are fortunate to have a deep bench of underwriting talent and are confident that we will continue to deliver excellent service to all our business partners.”

Winters added: “It has been a pleasure and privilege to work at Aeolus with such talented colleagues. I believe our team is best-in-class and I am confident that they will continue to dedicate themselves to providing innovative solutions and superior service to cedants, brokers and investors.”

Aeolus is a specialist manager of reinsurance risk, focused on providing bespoke solutions for its cedants while seeking attractive, non-correlated returns for our investors.

Formed in 2006, it says it is one of the largest managers of natural catastrophe risk in the world.

Its Bermuda-based reinsurance subsidiary Aeolus Re underwrites portfolios of collateralised property catastrophe reinsurance contracts constructed by ACM.

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