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The specialty reinsurer also saw several bad investments hit the books.
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The broker said that there could be a flattening of rate decreases in the hull market in 2026.
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Arch will continue to provide long-term capacity for the MGA.
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The company has also expanded its relationships with US and UK MGAs.
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Verita leadership and staff will remain intact and “seamlessly functional”.
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The new team will be headed by Brown & Brown’s Ed Byrns.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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The Canadian insurer saw property rates dip across its global divisions.
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Alistair Lester joins from Aon, where he has worked for the past eight years.
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DB reiterated that no final decisions have been made regarding a potential deal.
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The company has struggled in reinsurance, while large claims dragged down D&O results in Q2.