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The program includes all perils coverage and subsequent event protection.
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The executive was previously president of insurance programs.
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The legislature did pass Twia reforms, however.
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The executive will remain CEO of reinsurance until September 1.
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The executive said he left the company in September.
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The $2.59bn renewal is up 45% from last year.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Up to nine million acres of US land are considered likely to burn.
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A week ago, this publication revealed that Slide was pressing ahead with its IPO plans with an S-1 filing.
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The Floridian brokerage expects to bring its leverage levels below 4x later this year.
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Last week, TSR updated its forecast and is now predicting above-average storm activity.
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The total cost excluding a 15% quota share was $201.85mn, with rates down 12.2% from last year.