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Icen said the hire supports its continued investment in developing a global M&A specialist.
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The syndicate will be managed by Polo Managing Agency.
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The marine insurer said a volatile claims environment necessitated rate adjustments.
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The deal adds a forward-flow, giving Compre the option to reinsure additional future years.
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A roundup of all the news you need, including our exclusive on the John Neal investigation.
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Oaktree will fund the syndicate and act as investment manager for its assets.
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The review found an unrelated breach over the CEO failing to log a journey on a private jet.
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BNP Paribas will take a EUR1.11bn stake in Ageas.
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The mechanism would work similarly to Flood Re.
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The CEO conceded some might see Swiss Re’s dividend targets for 2026 as “underwhelming”.
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The Japanese P&C carrier agreed a deal to buy 15% of WR Berkley shares in March.
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Charlotte Pritchard is set to succeed Andrew Creed, effective 5 January.

