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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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Eight Floridians will take on personal residential multi-peril and wind-only policies.
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Growth was driven by increased earnings and capital inflows.
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The broker said it expects strong ILS capital inflows to continue.
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The bond is offering a spread range of 950-1,050 basis points.
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The US carrier abandoned the project due to high price expectations.
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Yen Chu Choo has been appointed Asia Pacific capital advisory head.
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The subject business of the deal is Ascot’s ~$1bn property portfolio.
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Growth was driven by strong returns and new investors entering the market.
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Portfolios of clients of varying size in the same region aggregate more risk.
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The executive has held senior alternative capital roles at Aon and Guy Carpenter.