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Insured losses were the second highest on record for the first quarter.
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Fully placed, this would equate to $275mn on the per-occurrence tower and $675mn on agg.
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Representatives from the UK broker have been ordered to appear before magistrates on 7 May.
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Why have reinsurance start-ups remained so rare in recent years, even as underwriting conditions have improved?
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Being the “new kid” has created interest in the market, Mereo CEO Croom-Johnson added.
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The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
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Chris Gray joins from Axis, where he was global head of marine reinsurance.
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Judith Zeleny brings over 35 years’ experience to the role.
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Due diligence is essential to make sure incubators are backing winners.
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Alex Amezquita will fill Cahill’s previous position as CFO.
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Trevor Oates will be responsible for ceded reinsurance purchasing.
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The business will still look at large non-life deals in particular in-the-money ADCs.