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Andrew Creed was named group president in addition to CFO last year. -
Barry Gale has spent almost five years at the broker.
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The deal adds a forward-flow, giving Compre the option to reinsure additional future years.
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Charlotte Pritchard is set to succeed Andrew Creed, effective 5 January.
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The transaction is subject to regulatory approval.
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The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG.
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This publication revealed Volante was in talks with legacy players last month.
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YTD disclosed run-off deals total 26, with $1.36bn of gross liabilities transferred.
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The protection covers the US insurance book for the 2024 and prior accident years.
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Plus, the latest people moves and all the top news of the week.
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Carriers are rethinking the traditional renewal-rights model.
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