Global insurer and reinsurer Hiscox has announced the appointment of Shree Khare from RMS as Group Head of Catastrophe Research, a role that will see him work closely with the firm’s reinsurance and London Market operations.
Khare will be responsible for leading research that directly informs Hiscox’s own view of risk for catastrophe perils, and will work across a number of the firm’s divisions, including Hiscox London Market and Hiscox Re, which includes the firm’s insurance-linked securities (ILS) business.
Tasked with the management of catastrophe analysis research carried out across the group, he will be based in the firm’s London office and report to Hiscox’s Head of Underwriting Risk and Reinsurance, Rob Caton. Furthermore, Hiscox says he will be responsible for influencing business strategies and risk decisions via presentations to the Hiscox Catastrophe Management Group.
“Developing our own view of risk is an essential component of our underwriting strategy across the Group particularly in well established catastrophe lines where tough market conditions continue to pose a challenge.
“Shree Khare’s expertise is a welcome addition to our catastrophe risk capabilities and I look forward to introducing him to clients, brokers, and the Hiscox team,” said Caton.
Khare spent more than a decade with catastrophe risk modelling firm RMS, where he most recently served as Senior Director. He led the overall development and completion of the RMS Japan typhoon model, and also the South Korea and the Taiwan models.
Before RMS, Khare worked as a researcher in modelling at the National Center for Atmospheric Research (NCAR).