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DaVinci equity plus debt stood at $3.25bn as of 31 December. -
There was a slight increase in DaVinci and Fontana from 31 December 2024 to 1 January 2025.
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The firm reported record fee income of $128.2mn in 2024, up 26%.
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Scrocca will be based in Bermuda on focus on underwriting and risk sourcing, among other things.
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The firm said the appointment would support its ambitious growth strategy.
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The start-up has achieved an A- credit rating from AM Best.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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The restructuring arrangement is designed to protect creditors.
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Shreeve’s role will encompass the Aon Captive & Insurance Managers’ ILS business.
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The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
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The capital partners unit was launched via London Bridge 2 in Lloyd’s last year.
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