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This is up from last year’s $1bn protection for its Florida treaty. -
The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
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The documents figure in a potential criminal case against a CCB employee.
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The Bermuda-based team is led by John Fletcher.
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Argo shelved the sale of its Bermudian insurance business in mid-2024.
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The broker is launching a reinsurance arm in partnership with Bain Capital.
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The reinsurer has also appointed Mehdi Benleulmi as global head of credit.
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The number has expanded by around 40% from an earlier update, sources said.
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Estimates on what a cat five in downtown Miami could cost vary, but it would be painful for reinsurers.
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The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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With fee income less understood, a primary acquisition or merger could reset the narrative.
