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Rich had spent 13 years at the firm where he began his career and oversaw a cat bond and ILS portfolio. -
The Swiss Re veteran left her former employer last year.
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The company increased its full year 2024 adjusted net income guidance.
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Most years since 2014 have seen at least one named storm before 1 June.
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Sources said that while a late June-early July IPO is still on the table, a Q4 or early 2025 listing is expected.
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Top layer competition is an added pressure on ILS firms, but the impact can be overstated.
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The outlook calls for an 85% chance of an above-normal season.
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The hires represent a reunion of colleagues from Horseshoe/ Artex.
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The program includes all perils coverage and third-event protection.
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The total economic cost from the catastrophe is estimated to be EUR9bn.
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CEO Wagstaff said the LMG must "compete with other markets".
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Minors has experience working on insurance and reinsurance matters
