Mt. Logan Re, Ltd. the third-party capital arm of Bermuda-based reinsurer Everest Re, has appointed Youssef Sfaif as Chief Operating Officer (COO), effective July 1, 2022.
Sfaif joins Mt Logan at an important time in the company’s growth and expansion and will report directly to John Modin, President of Mt. Logan.
Sfaif will bring a deep specialisation in capital markets and reinsurance convergence to Mt Logan. As well as an impressive track record originating, structuring and executing across a broad array of re/insurance risk-sharing transactions.
He currently serves as a Director within the Credit and Insurance Linked Investments (CILI) team of PGGM where he has led or been a key deal team member for the structuring of insurance linked investments across sidecars, rated reinsurer joint ventures and collateralised reinsurance funds.
In addition, Sfaif has also contributed significantly to the CILI team’s portfolio management efforts.
Prior to joining PGGM in 2017, he worked in the structured reinsurance business at SCOR Global P&C and Marsh where he designed tailored and capital-efficient reinsurance and risk financing solutions across a variety of non-life risks.
“We are thrilled to welcome Youssef to our Mt. Logan team as he will play a key role in Mt. Logan’s growth as we continue to expand our capital base and breadth of offerings,” said John Modin, President of Mt. Logan Re, Ltd. “Youssef joins a deep bench of multi-disciplined leaders who are successfully steering the development of our innovative investment products and bespoke portfolios for our institutional investors around the world.”
Modin continues: “Youssef is recognized for his innovative approach to the insurance linked securities sector, and his institutional investment background in this asset class is highly complementary to our business. He also brings a unique buyside perspective, which will provide an advantage as we grow operationally and continue to deepen relationships with leading asset managers, pensions, sovereign wealth funds, insurers and endowments.”