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Seller White Mountains will retain a roughly 15% fully diluted equity stake.
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Jo Smart has worked for Torus and Aegis during his two decades in the market.
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West Hill Capital is the main investor in the capital raise.
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Volante launched Syndicate 1699 in 2021.
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Improved performance and growing investment returns played a role in the upgrade.
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The aviation market has experienced a run of large losses this year.
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Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
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Inigo CEO Richard Watson said the team is ready for its “second album”.
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What’s driving the wave of shifting ownership structures in the Lloyd’s market?
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The ratings agency cited a reduction in exposure to nat cat risk as a reason for the change.
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The executive has worked at Aon for almost two decades.
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Landa was part of the team lift led by Michael Parrish, who is CEO of the US retail arm.