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The firm said it expects Capital Partners to continue to grow. -
Performance fees soared by 605% to $27.5mn from $3.9mn in Q1 2023.
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Vincent Pomo spent more than 11 years at Everest Re in a variety of roles.
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The firm expects pricing and terms and conditions to hold.
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The awards event will be held on 27 June at The HAC, London.
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The consortium will offer up to $50mn of per-program capacity.
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The carrier has previously tapped capital markets with Cape Lookout Re transactions.
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Aspen said reduced reinsurance appetite made it a good time to seek alternative capacity.
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The carrier’s Armor Re deal upsized by 33%.
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The most extensive damage was caused by rainfall in Texas, Louisiana, Mississippi and Florida.
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Sums insured for European windstorm increased by 10.1% due to inflation.
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The value of White Mountains’ stake in the ILS manager grew last year despite the firm shrinking its holding.
