Guy Carpenter & Co., a global risk and reinsurance specialist, appointed Chi Hum as global head of distribution for insurance-linked securities in its investment banking specialty practice. The move is a bid to strengthen the firm's capital markets investor contacts and place securities and derivatives with investors.
Hum will also assist in placing collateralized reinsurance transactions with capital market investors. He previously worked for Swiss Re Capital Markets, where he led efforts to build its investor base in catastrophe bonds and collateralized debt obligations. He was also a principal at Zurich Investment Management, a Centre Re company. He has also worked in distributing structured finance products for companies like Chase Manhattan, CIBC and Mellon.