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Recent transactions on the platform include cat bonds from Flood Re and Brit.
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The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
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This year’s coverage will involve $2.94bn of new risk transfer.
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Some $4.8bn of reinsurance and cat bond limit will come up for renewal in 2025.
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The role will focus on international treaty, specialty lines and strategic advisory.
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Jana holds around 109,000 shares and 69,000 call options, at a $307mn total value.
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Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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The carrier’s Eaton Fire loss would be a retained net loss hit.
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Somers Re is valued at ~$1.3bn, according to disclosures made in Arch’s Q3 2024 SEC filings.
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Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
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The company’s stock price has plummeted in the wake of the LA wildfires.
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The state insurer is budgeting for an extra 43% of overall coverage in 2025-26.