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The mutual’s approach comes as Scor continues efforts to fight back from performance issues including a flare-up in L&H.
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A hurricane watch is now in effect for the Louisiana coastline.
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He will be based in the Bermuda office and work to develop the underwriting associates.
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ILS brokers are pitching for Sanders Re and ResRe transactions.
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Some Canadian cedants have approached the market for top-up cover.
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The Brian Duperreault-led reinsurer start-up has secured a cornerstone investor and aims to have an ILS fund running from day one.
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Guy Van Hecke has spent the last 26 years working at Axa, starting at Axa Corporate Solutions.
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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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The loss has increased by 1.4% since the company’s first assessment.
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The transaction complements its previous acquisition of RMS in 2021.