Former Everest Re exec Doucette reboots $1bn+ start-up plans

27 January 2023

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Former Everest Re reinsurance leader John Doucette is working on a fresh set of plans for a reinsurance start-up after parting ways with former Max Capital colleague Bob Cooney on a prior fundraising initiative last year, this publication understands.

Doucette is in discussions with private equity and seeking to raise in excess of $1bn for a Bermuda-based business that would write a blended book of insurance and reinsurance, sources said.

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Former Everest Re exec Doucette reboots $1bn+ start-up plans

Former Everest Re reinsurance leader John Doucette is working on a fresh set of plans for a reinsurance start-up after parting ways with former Max Capital colleague Bob Cooney on a prior fundraising initiative last year, this publication understands.

Fuel a smarter strategy with our actionable market intelligence

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Former Everest Re exec Doucette reboots $1bn+ start-up plans

Former Everest Re reinsurance leader John Doucette is working on a fresh set of plans for a reinsurance start-up after parting ways with former Max Capital colleague Bob Cooney on a prior fundraising initiative last year, this publication understands.

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Fuel a smarter strategy with our actionable market intelligence

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Co-op did not have cyber coverage for ransomware attacks

Axa XL London international liability head Rowland to exit for Gen Re

Axis head of construction global markets Woolley to join Markel

LSM construction underwriting manager Jones to exit