Nephila Capital, the largest institutional asset manager of vehicles dedicated to investing in natural catastrophe and weather risk, announced today that Guy Swayne will be joining their global management team.In a press release announcing the move, Nephila stated that Mr Swayne will be joining nine existing partners at the firm and his role will be to support the ongoing growth of their business. It said: “He will be based in Bermuda, and will focus primarily on risk origination, working with established and new counterparties who are seeking protection from natural catastrophe and weather exposures. In addition, he will assist the management team with certain aspects of managing the firm and contribute to shaping the firm’s strategic initiatives.”It continued by saying that Mr. Swayne has over 25 years’ experience in the reinsurance industry, both as a reinsurance broker and an underwriter at reinsurance companies, and has extensive management experience.Nephila’s management committee were quoted saying: "We are delighted to welcome Guy to the team. His wealth of experience and knowledge will be great assets to Nephila, and will complement our existing team very well. We are excited to have him on board."Mr. Swayne said: “I am delighted to be joining Nephila who have been at the forefront of investment management focusing in the reinsurance sector for 15 years. It is exciting to be joining such a strong and proven team."Nephila Capital Ltd is a leading investment manager specialising in reinsurance risk and provides a broad range of investment products focusing on instruments such as insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives. Their assets under management are approximately $9 billion as of June 30, 2013 and they have been managing institutional assets in this space since its founding in 1998.They has over sixty employees based in their Bermuda headquarters, San Francisco, Nashville, and London.Prior to joining Nephila, Mr. Swayne was an executive vice President and a member of Flagstone Re’s executive committee. He was recruited to assist in the launching of Flagstone Re in 2005, where he focused on global business production, recruitment of talent and managed six of Flagstone’s operations, including their Lloyd’s Agency.He was executive vice president of ACE Insurance from 2000-2005 working in Bermuda and London. In 2005, he was appointed chief underwriter (International) for ACE Tempest Re.He began his career at John Poland & Co at Lloyds in London in 1987, where he worked as deputy underwriter. In 1993, he left to join Willis in New York as a vice President responsible for the production, design and placement of treaty programs for both domestic US and international clients.Mr. Swayne moved to Aon Re in Bermuda in 1996 and was a senior vice President and member of Aon Re’s management team. His role as a senior broker encompassed the design and placement of reinsurance and capital markets solutions for the Bermuda insurance and reinsurance companies.Useful website: www.nephila.com.