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The deal adds a forward-flow, giving Compre the option to reinsure additional future years.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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The company had argued the judge missed key info when dismissing the case.
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The executive argued that injunctions following team lifts were “the industry standard”.
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Court documents provide a window into the ambitious plans.
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Plus, the latest people moves and all the top news of the week.
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The carrier is looking to latch onto emerging economic trends where it can add expertise.
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The business is pursuing growth in Bermuda in captives, cyber ILS and alternative risks.
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The London-based MGA will begin underwriting its international book next month.
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In mid-morning training, the share price had fallen by 12%.
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The venture will launch in early 2026 and include captives, ART, cyber ILS and specialty (re)insurance elements.
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Habayeb will start next May following Kociancic's retirement.
