Our Team

Andrew Bernstein
Chief Executive Officer and
Co-Head of Portfolio Management

Andrew Bernstein is a Partner and serves as Chief Executive Officer and Co-Head of Portfolio Management of Aeolus. Mr. Bernstein also serves as a member of the Aeolus Board of Directors and is a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus. In his role as Co-Head of Portfolio Management, Mr. Bernstein formulates and oversees Aeolus’ underwriting strategy and supervises the portfolio construction process. He also works closely with the other members of the Portfolio and Analytics teams in structuring and pricing Aeolus’ reinsurance and retrocession transactions. Mr. Bernstein has over 20 years of (re)insurance experience. Prior to joining Aeolus in 2007, Mr. Bernstein was Senior Vice President of Specialty Lines at Benfield, a leading reinsurance intermediary and capital advisor. His role at Benfield involved technical consultation with the firm’s clientele, with a special focus on actuarial and quantitative analysis for casualty and professional liability business.  Prior to that, he served in various actuarial roles at AIG, Zurich Re, and Quanta.  Mr. Bernstein holds a Bachelor of Arts in Mathematics from Binghamton University and became a Fellow of the Casualty Actuarial Society in 2002.

Aditya Dutt
President

Aditya Dutt is a Partner and serves as President of Aeolus. Mr. Dutt also serves as a member of the Aeolus Board of Directors and a member of the Operating Committee. He is responsible for overseeing the Business Development and Investor Relations functions. Prior to joining Aeolus, Mr. Dutt held various leadership roles with RenaissanceRe Holdings Ltd., a Bermuda-based reinsurance company, from 2008 to 2020. Mr. Dutt led RenaissanceRe’s joint venture, insurance-linked securities, and strategic investments business and has served on the company’s Executive Committee since 2010. Additionally, Mr. Dutt oversaw RenaissanceRe’s corporate development and M&A activity and previously served as the company’s Treasurer and Head of Investor Relations. Prior to joining RenaissanceRe, Mr. Dutt worked as an investment banker at Morgan Stanley and Salomon Brothers, focusing on financial institutions from 1997 to 2008. Mr. Dutt holds a BA in Mathematics from Dartmouth College. He has served as a Director of Catalina Holdings (Bermuda) Ltd. and currently serves as a Director of Essent Group Holdings (NYSE: ESNT).

Frank Fischer
Chief Analytics Officer

Frank Fischer is a Partner and serves as Chief Analytics Officer of Aeolus. Mr. Fischer also serves as a member of the Aeolus Board of Directors and a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus. Mr. Fischer also Chairs the IT, ESG and Valuation Committees.  Mr. Fischer is responsible for overseeing Aeolus’ analytics platform and has day-to-day responsibility for all investment-related and non-investment analytical workflow. Further responsibilities include technical risk evaluation, portfolio management and optimization. He has over 20 years of (re)insurance industry experience. Prior to joining Aeolus in 2006, he managed the U.S. insurance client base at AIR Worldwide Corporation (“AIR”), a catastrophe modeling software and consulting services provider between 2001 to 2006. During his time at AIR, Mr. Fischer led client portfolio optimization efforts and performed on-site post disaster surveys, including Hurricane Katrina, and was recognized as an expert in catastrophe model development and software tools. Mr. Fischer began his career at The Hartford Steam Boiler Inspection and Insurance Company from 1997 to 2001, where he completed the firm’s Executive Development Program and focused on developing quantitative risk analysis tools for major industrial facilities. Mr. Fischer holds a Bachelor of Engineering in Mechanical Engineering from the Honors College at SUNY Stony Brook where he graduated magna cum laude.

Nicholas Jagoda
Portfolio Manager

Nicholas Jagoda is a Partner and serves as a Portfolio Manager of Aeolus. Mr. Jagoda is also a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus. Mr. Jagoda’s primary responsibilities include structuring and pricing retrocession and reinsurance transactions, risk sourcing, portfolio management and cedant relations. Prior to joining Aeolus in 2020, he served as a Partner and Portfolio Manager of Elementum Advisors, LLC, having been part of the original team that launched Elementum in 2009. His primary responsibilities included implementation and execution of the firm’s reinsurance and insurance strategies. Additionally, Mr. Jagoda played a key role in launching Elementum’s Bermuda platform in 2011 where he had responsibility in both building and leading a team of underwriting and operations professionals. Mr. Jagoda began his career within the (re)insurance and investment management industries at Stark Investments in 2006 as a member of the reinsurance and risk-linked securities team. Mr. Jagoda holds a Bachelor of Business Administration in Finance and Accounting from Loyola University Chicago where he graduated magna cum laude. Mr. Jagoda is a charterholder and member of the Chartered Financial Analyst (CFA) Institute.

Jason McAlpine
Chief Operating Officer and
Chief Financial Officer

Jason McAlpine is a Partner and serves as Chief Operating Officer and Chief Financial Officer of Aeolus. Mr. McAlpine is a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus. Mr. McAlpine is also a member of Aeolus’  Valuation, Compliance and IT Committees. He has responsibility for overseeing Aeolus’ Finance, Investments, Treasury, Operations, IT and Human Resource functions. Mr. McAlpine has over 20 years of experience in the (re)insurance industry.  Prior to joining Aeolus in 2012, Mr. McAlpine was a Partner in the BBC Sub Area of Ernst & Young’s Financial Services Office. Mr. McAlpine spent over 14 years with Ernst & Young, the last 11 years of which were focused on serving both (re)insurance and asset management clients. In addition, during the last four years of his tenure with Ernst & Young, he was the Partner with responsibility for Ernst & Young’s audits of Aeolus’ financial statements. During his tenure with Ernst & Young, he dedicated a significant amount of his efforts to the Insurance Linked Asset (“ILA”)/Convergence market and served as a subject matter expert in this area for Ernst Young. He has extensive experience in providing accounting, audit and advisory services to all forms of products in this space, including but not limited to Insurance Linked Securities (ILA Funds, transformers, side cars and segregated account platforms). Mr. McAlpine also has in depth knowledge of US GAAP and IFRS, SEC and SOX 404 requirements, as well as Bermuda regulatory matters. Mr. McAlpine holds an Honors Bachelor of Commerce, specializing in accounting from the University of Ottawa. Mr. McAlpine is a Chartered Professional Accountant (CPA) and is a member of CPA Bermuda and CPA Ontario, Canada.

Daina Casling
General Counsel and
Chief Compliance Officer

Daina Casling is a Partner and serves as General Counsel and Chief Compliance Officer of Aeolus. Ms. Casling is also a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus. Ms. Casling also chairs Aeolus’ Compliance Committee and is a member of the ESG and Valuation Committees. She is responsible for overseeing Aeolus’ legal and compliance functions. Ms. Casling has over 15 years of experience in the (re)insurance industry.  Prior to joining Aeolus in 2018, Ms. Casling was Vice President and Legal Counsel at RenaissanceRe Ltd., a Bermuda-based reinsurance company where she served in a number of roles from 2006 to 2017. Her primary responsibilities included advising on reinsurance contract wording, complex claims, compliance policies and initiatives and, most recently, as primary counsel to RenaissanceRe’s Insurance Linked Securities team. Prior to that, she was an associate at Conyers Dill & Pearman where she practiced in the areas of litigation and reinsurance arbitration between 2004 and 2006. Ms. Casling completed her legal training at the (re)insurance firm Kendall Freeman in London from 2002 to 2004 during which time she was seconded to the legal department of Shell International. Ms. Casling holds a Bachelor of Arts with Honors from Holy Cross College and a Bachelor of Law with Honors from City University.

Andrew Bernstein
Chief Executive Officer and
Co-Head of Portfolio Management

Andrew Bernstein is a Partner and serves as Chief Executive Officer and Co-Head of Portfolio Management of Aeolus. Mr. Bernstein also serves as a member of the Aeolus Board of Directors and is a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus. In his role as Co-Head of Portfolio Management, Mr. Bernstein formulates and oversees Aeolus’ underwriting strategy and supervises the portfolio construction process. He also works closely with the other members of the Portfolio and Analytics teams in structuring and pricing Aeolus’ reinsurance and retrocession transactions. Mr. Bernstein has over 20 years of (re)insurance experience. Prior to joining Aeolus in 2007, Mr. Bernstein was Senior Vice President of Specialty Lines at Benfield, a leading reinsurance intermediary and capital advisor. His role at Benfield involved technical consultation with the firm’s clientele, with a special focus on actuarial and quantitative analysis for casualty and professional liability business.  Prior to that, he served in various actuarial roles at AIG, Zurich Re, and Quanta.  Mr. Bernstein holds a Bachelor of Arts in Mathematics from Binghamton University and became a Fellow of the Casualty Actuarial Society in 2002.

Evan Winters
Co-Head of Portfolio Management

Evan Winters is a Partner and serves as Co-Head of Portfolio Management of Aeolus. Mr. Winters is responsible for formulating and overseeing Aeolus’ underwriting strategy and supervising the portfolio construction process. In addition, Mr. Winters is involved in the ongoing development of the Aeolus proprietary integrated software platform for transaction pricing, portfolio management, treaty administration and NAV calculation (CALC-AEOLUS™). Prior to joining Aeolus in 2010, Mr. Winters was a Risk Consultant at AIR Worldwide Corporation (“AIR”) from 2008 to 2010 where he was recognized as an expert in catastrophe model development and software tools. Prior to AIR, Mr. Winters was a Finance Manager within the Reinsurance Division of John Hancock Financial Services from 2002 to 2008. Mr. Winters holds a Bachelor of Arts in Mathematics with a minor in Economics from the College of the Holy Cross.

Henry Kingham
Portfolio Manager

Henry Kingham is a Partner and serves as a Portfolio Manager of Aeolus.  Mr. Kingham is also a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus. Mr. Kingham’s primary responsibilities include structuring and pricing Aeolus’ retrocession and reinsurance transactions, ILW trading, risk sourcing, portfolio management and cedant relations. Mr. Kingham has over 20 years of experience in the (re)insurance industry. Prior to joining Aeolus in 2017, he served as an Executive Vice President of Willis Re, a leading reinsurance intermediary and capital advisor, from 2006 to 2017, initially in London and subsequently in Bermuda. His role at Willis Re involved the structuring and placement of reinsurance in various forms (traditional, collateralized and securitized). Previously, Mr. Kingham served in various roles at Benfield Advisory, now operating as Aon Benfield Securities, Heath Lambert plc. and Cameron, Richard & Smith from 2001 to 2006. Mr. Kingham holds a Bachelor of Arts with Honors in Combined Social Sciences from Durham University.

Fergus Morrison
Portfolio Manager

Fergus Morrison is a Partner and serves as a Portfolio Manager of Aeolus. Mr. Morrison is also a member of the Operating Committee, the body charged with the day-to-day operations and strategic leadership of Aeolus, and a member of Aeolus’ Environmental, Social and Governance (ESG) Committee. His primary responsibilities include risk sourcing, cedant relations, underwriting and portfolio management. Prior to joining Aeolus in 2018, Mr. Morrison held various underwriting and portfolio management roles at Securis Investment Partners LLP in London and Bermuda from 2013 to 2018. During his time at Securis, his primary responsibilities included underwriting and pricing various ILS structures including catastrophe bonds, collateralized and fronted retrocession and reinsurance as well as primary insurance. Mr. Morrison started his career with Risk Management Solutions (RMS) Capital Markets in London where he held the position of Senior Consultant from 2009 to 2013. In his role at RMS, Mr. Morrison focused primarily on catastrophe bond structuring and pricing as well as the portfolio analytics of various ILS fund clients. Mr. Morrison holds a Bachelor of Science with Honors and a Master of Arts in Natural Sciences and Business Studies from the University of Cambridge and associated Judge Business School.

Kerri Harkins
Assistant General Counsel – Underwriting

Kerri Harkins serves as Assistant General Counsel, Underwriting of Aeolus. Mrs. Harkins is also a member of Aeolus’ Compliance Committee. Her primary responsibilities include advising the Portfolio Management Team, reviewing reinsurance contract and protection contract clauses, overseeing collateralized trust agreement documentation and drafting quota share agreements. Prior to joining Aeolus in 2017, Mrs. Harkins was Vice President and Legal Counsel at RenaissanceRe Ltd., a Bermuda-based reinsurance company, where she served in a number of roles from 2008 to 2017. Previously, Mrs. Harkins was an associate with Cox Hallett Wilkinson from 2003 to 2007. Mrs. Harkins was called to the Bar in Bermuda in 2004 and the Bar in England and Wales in 2003 (not now practicing). She completed the Bar Vocational Course at BPP Law School in 2003 and holds a Bachelor of Law from University of Kent and a Bachelor of Science with Honors in Aviation Management from Florida Institute of Technology.

Aditya Dutt
President

Aditya Dutt is a Partner and serves as President of Aeolus. Mr. Dutt also serves as a member of the Aeolus Board of Directors and a member of the Operating Committee. He is responsible for overseeing the Business Development and Investor Relations functions. Prior to joining Aeolus, Mr. Dutt held various leadership roles with RenaissanceRe Holdings Ltd., a Bermuda-based reinsurance company, from 2008 to 2020. Mr. Dutt led RenaissanceRe’s joint venture, insurance-linked securities, and strategic investments business and has served on the company’s Executive Committee since 2010. Additionally, Mr. Dutt oversaw RenaissanceRe’s corporate development and M&A activity and previously served as the company’s Treasurer and Head of Investor Relations. Prior to joining RenaissanceRe, Mr. Dutt worked as an investment banker at Morgan Stanley and Salomon Brothers, focusing on financial institutions from 1997 to 2008. Mr. Dutt holds a BA in Mathematics from Dartmouth College. He has served as a Director of Catalina Holdings (Bermuda) Ltd. and currently serves as a Director of Essent Group Holdings (NYSE: ESNT).

Benjamin Somers
Managing Director of Business Development

Benjamin Somers serves as Managing Director of Business Development of Aeolus. He has responsibility for developing relationships with institutional investors globally and assisting in the servicing of our existing investors. He also plays an important role in developing new business opportunities. Prior to joining Aeolus, Mr. Somers was a Partner and Head of Business Development & Investor Relations at Elementum Advisors, LLC (“Elementum”). During his tenure, he managed Elementum’s business development team, directed capital formation and investor relations, and was a member of Elementum’s senior leadership team. Prior to Elementum, Mr. Somers was a Director on the Emerging Markets team at Stark Investments where he launched their capital raising, investor relations and overall business development strategy for their Latin American business. Before that, he worked in the asset management and corporate banking departments of JPMorgan and its predecessor firms. Mr. Somers holds a B.S. in Finance and International Business from Marquette University.

Stephen Moss
Head of Investor Analytics

Stephen Moss serves as Head of Investor Analytics of Aeolus.  Mr. Moss is also a member of Aeolus’ Environmental, Social and Governance (ESG) Committee. Mr. Moss’ responsibilities at Aeolus span all areas of Aeolus’ non-investment analytics platform, and incorporate the preparation of both bespoke and off-the-shelf investor reporting for Aeolus’ client base. In addition, he plays a key role in supporting Aeolus’ client research efforts and acts as a technical resource for Aeolus’ existing and prospective clientele in interpreting portfolio positioning and portfolio risk exposures. Prior to joining Aeolus in 2019, Mr. Moss held the role of Director within the Capital & Resilience Solutions group of Risk Management Solutions (RMS). Previously, between 2004 to 2019, Mr. Moss held various analytical and client facing roles at RMS and was recognized as an expert in the field of catastrophe analytics and their application in risk management. Mr. Moss also spearheaded initiatives encompassing the design of cat-risk and capital management workflows, cat bond risk quantification and placement, and development of institutional investor reporting for ILS funds. Mr. Moss holds a Master of Engineering from the University of Oxford.

Steven Wells
Marketing & Client Service Manager

Steven Wells serves as Marketing and Client Services Manager of Aeolus. His primary responsibilities include investor marketing and client servicing, for both existing and prospective investors in Aeolus’ funds. Mr. Wells has over 20 years of experience in the institutional investment management industry. Prior to joining Aeolus in 2015, Mr. Wells was based in London and served as the Senior Marketing Planning Manager at Legal & General Investment Management (LGIM), the U.K.’s largest manager of domestic pension assets. During his time with LGIM, between 2012-2015, his primary responsibilities included the development and delivery of all marketing campaigns and heading up the Market Research function, delivering regular market intelligence and competitor analysis. Previously, Mr. Wells held the position of Senior Marketing Executive at GAM Investments from 2005 to 2012, where he was responsible for developing and implementing the global marketing strategy for the firm’s institutional investor business. Prior to GAM Investments, Mr. Wells served as a Marketing Manager at Fidelity International, from 1998 to 2005, where he worked on various aspects of the firm’s business development function, including RFP preparation and submission, maintenance of consultant relationships and institutional investor servicing. Mr. Wells started his career with Save & Prosper, where he served in an investment support role from 1996 to 1998. Mr. Wells holds a Bachelor of Science with Honors in Economics and Politics from Loughborough University.  He is also a holder of the Investment Management Certificate (IMC).