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The fund is a continuation vehicle for five of HSCM's life insurance interests.
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GeoVera’s MGAs will sell to SageSure and insurance companies will merge with SafePort.
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Tropical Storm Risk (TSR) has updated its forecast for North Atlantic hurricane activity, predicting a "hyper-active season" in 2024, with activity being around 70% above the 1991-2020 climate norm.
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The Magnitude-7.4 earthquake occurred early on 3 April.
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FHCF rates are also projected to decrease by a statewide average of 7.38%.
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The firm said it was poised to build on ‘significant growth’ in 2023.
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Charles Craigs will oversee Ascot’s sidecar and other third-party capital vehicles.
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Juniper Re Bermuda received preliminary approval from the BMA last month.
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Tremors were felt as far north as capital city Taipei.
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The estimate is up from A$1.4bn, published by Perils in February.
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The executive brings over 30 years of (re)insurance experience to the role.
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Several prior-year cat losses deteriorated during the quarter.