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The vehicle will now cover an E&S program jointly launched with Accredited.
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Several airlines are understood to have come to market early.
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Legacy reinsurance deals will be reviewed by the Legacy Review Panel.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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After losing in the High Court, insurers pin their hopes on the Court of Appeal.
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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
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The Corporation’s chair reiterated its aim to reduce the cost of doing business.
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Equivalent to a Category 5 hurricane, Ragasa is the world's strongest storm this year.
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Despite formation of Gabrielle, there is ‘a very high probability’ of a below-average season.
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The change in reinsurance intermediary follows an RFP for the account.
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The economic loss from the event was around EUR7.6bn.
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The move comes as the broker rebuilds its Bermuda team.