Ledger Investing, the insurance coverage know-how (insurtech) and insurance-linked securities (ILS) centered firm, has introduced the appointment of John Kulik as Senior Reinsurance Actuary on its Dealer Staff.
Kulik, a seasoned veteran of the reinsurance sector, brings over 20 years of actuarial and reinsurance expertise throughout each private and non-private markets. His experience spans pricing, reserving, and stochastic modeling from senior actuarial roles at SCOR, Arch Re, and reinsurance dealer Man Carpenter.
In his new position at Ledger, Kulik leads, opinions, and communicates actuarial modeling of shopper casualty, specialty, and multiline portfolios for the agency’s reinsurance dealer group, with a give attention to capital markets securitisation of those portfolios.
Kulik started his trade profession in 1999 by serving as Chief Pricing Actuary at SCOR US, the place he led the U.S. pricing group, developed ROE-based underwriting frameworks, and labored intently with SCOR’s world administration in Paris on strategic initiatives and main shopper relationships.
In 2004, he joined Arch Reinsurance, the place he led a group of actuaries accountable for quarterly and annual loss reserving, monetary reporting, and company planning for the agency’s North America treaty and International Facultative divisions. He additionally served on the Arch Capital Group financial capital modeling group.
In 2013, Kulik moved to Man Carpenter as Senior Vice President, Analytics. There, he utilized pricing and stochastic modeling experience to guide and help danger administration options for main personal and public sector shoppers.
Because the lead North America public sector actuary, he centered on pure catastrophe-exposed property whereas additionally persevering with to ship casualty reinsurance options. He additional utilized capital modeling to assist shoppers consider broader monetary methods.
Most not too long ago, Kulik served on the Federal Emergency Administration Company (FEMA), the place he led the reinsurance program for the Nationwide Flood Insurance coverage Program (NFIP). On this position, he managed placements in each the standard reinsurance and ILS disaster bond markets.
His addition to Ledger comes at a time of continued momentum for the corporate.
We reported in late 2024 that Ledger Investing had surpassed $2 billion in casualty ILS placements with institutional buyers, a significant milestone reflecting rising institutional urge for food for diversified insurance coverage danger.
