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Volante joins capacity providers Allianz and Tokio Marine Kiln. -
The reinsurer said US president Donald Trump’s policy was already impacting investment.
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The weather-modelling agency is predicting a below-normal season.
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Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
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The executive succeeds Tim Barber, who left the firm as of July 1.
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The take-private deal was announced in July 2024.
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The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
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The changes affect operations in Switzerland, Bermuda and the US.
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Separately, Caribbean market head Janine Seifert is leaving the reinsurer for BMS Re.
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Cedants were able to “challenge the status quo” with aggregates back on the table, the broker said.
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The company said the reduction was due to years of steady improvements.
