Ex-reinsurer duo launch ILS platform

Two executives formerly involved in running the insurance-linked
securities (ILS) platforms at Hiscox Re ILS and RenaissanceRe
respectively have combined with another reinsurance capital markets
executive to launch a new business, Tangency Capital.
Former Hiscox Re executive Michael Jedraszak and
ex-RenaissanceRe portfolio manager Kai Morgenstern have co-founded
Tangency, together with Dominik Hagedorn, according to their
LinkedIn profiles.
London-based Jedraszak left Hiscox Re ILS earlier this