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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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The finance committee discussed shifting market dynamics as tort reform takes effect.
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The offering is born out of software Ledger developed to manage its own portfolio since 2021.
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Cassis joins from Swiss Re, where she was a senior ILS structurer since February 2022.
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EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors.
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While rates have “definitely come down,” they were coming off a high base, Rachel Turk said.
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Nine-month insured losses still exceeded $100bn due to California wildfires.
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Mory Katz joined the broker earlier this year.
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Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
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Ryan Saul will work at Ledger’s broker-dealer subsidiary Ledger Capital Markets.
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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
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The executive has worked at Aon for almost two decades.
