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Severe convective storms were the biggest driver of last year’s losses.
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He will oversee the syndicate’s catastrophe modelling capabilities.
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The rise comes as competition has increased for ILS between jurisdictions.
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Bermuda liquidators had earlier objected to out-of-court agreements between parties.
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Revenue, country and industry sector drive modelled output divergence.
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The body’s budget committee is again pressing Citizens over solvency concerns.
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The firm is focusing on developing specialty offerings.
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Risk partnerships will now report direct to the board through the CFO.
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Driscoll and Lubert have been promoted to presidents.
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The underwriter will report to Kristina Maffit.
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Roche joins from GC Securities, where he was senior vice president.