Aon Vet McNichols Joins Southport Re

Aug 23 2012 | 12:30pm ET

New York-based private equity firm Southport Lane has appointed Jim McNichols chief actuarial officer of its reinsurance group, Southport Re.

McNichols comes to Southport from Aon, where he served as a consulting actuary, leading dynamic risk modeling projects for insurance companies and large corporations. Prior to Aon, McNichols held several executive positions at XL Capital, including chief actuary and chief operating officer of the financial guaranty division. 

In this new role, McNichols will be responsible for supporting reinsurance underwriting and directing quantitative risk analytics, as well as leading Southport Re's enterprise-wide risk management processes.

“Jim’s ability to synthesize insurance risk and capital market risk, combined with his modeling expertise, will be critically important in creating a profitable insurance and reinsurance platform,” said Glenn Weber, CEO of Southport Re. “The Southport platform was developed to operate within specific volatility parameters, and Jim will be crucial in achieving that goal as we grow.”

Southport Lane is a private equity firm founded in 2010 with a concentration in active investments in insurance and reinsurance companies.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...