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Coburn will report to Jason Busti, Axis Re president of North America.
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Habay oversaw the wind-down of AQR Capital’s reinsurance business in 2015.
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This latest funding round brings total committed capital for the collateralized reinsurer to $75mn.
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The firm’s follow-only Syndicate 2358 has grown its stamp by 67% to £150mn.
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ILS managers are still waiting for hard market growth.
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Scor is aiming to double fee income over the next three years.
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Research by Kepler Absolute Hedge showed that seven out of the 10 best-performing alt credit funds were cat bond strategies.
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AuM stood at $1.5bn as of 30 September, up from $1.2bn as of January 2023.
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The Zurich-based ILS manager has grown the fund by around 167% from $150mn as of mid-2021.
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The Floridian was approved for 75,000 policies, made 72,958 offers and assumed 53,750 policies – a 74% acceptance rate.
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The ILS cedants will receive “substantially decreased” S&P capital relief following the criteria changes, Arch said.
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Swiss Re says economic growth slowdown and elevated geopolitical uncertainty dampen the outlook for the primary insurance industry.