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Neyme was previously vice president, US casualty treaty.
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The firm hopes to offer investors legacy and live risk in the future.
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Twia noted that the cancellations had come as Texas enters peak hurricane season.
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Swiss Re’s advisory firm aims to offer investment management services to third-party investors.
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Third-party reinsurance capital was predicted to hit $95bn in 2022.
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Ledger is on a hiring spree after a $75mn Series B round.
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Industry experts told Trading Risk why underwriting guidelines and trust in counterparty management teams are essential.
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Sources have suggested that Weston's policy count is about 20,000 policies, of which most are wind-only.
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Evanston Insurance Company, a subsidiary of Markel, backed the move.
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Underwriters in both London and Singapore are in discussions with the company.
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The company’s net cat loss fell by 1.7% to $454mn year over year.
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Based in Morristown, New Jersey, the executive will report directly to Victor CEO Brian Hanuschak.