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Indirect exposure to cat risk through long-term investors gives Markel optionality.
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DaVinci equity plus debt stood at $3.25bn as of 31 December.
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Two ILS funds featured in the top five asset-raisers within the index.
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The departures include North American Arcas head Alex Orloff.
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The start-up has achieved an A- credit rating from AM Best.
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Capital inflows, notably into UCITS funds, and accumulated returns supported issuance of $17.2bn in 2024.
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The offering is a collaboration with Generali and parametric carrier Descartes.
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Barthelemy Thomas joins from PartnerRe Capital Management in Zurich
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The reinsurer added two new tranches to its 2025 issuance.
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The capital partners unit was launched via London Bridge 2 in Lloyd’s last year.
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