The deal comprises all of AIG’s treaty reinsurance business including AlphaCat and all renewal rights to the Assumed Reinsurance Treaty Unit of Talbot.
The hire has also worked for QBE and Munich Re, where she spent 27 years in various leadership roles.
It will initially launch as a broker licensed by the BMA but will look to transition into an MGA next year.
They included Purple Re, Seven30 Insurance (Bermuda) and Arbol Re.
Changes are afoot at R&Q as the insurer eyes a wealth of opportunities in the legacy market despite significant competition.
This year’s trends could converge on the very basis of the way the re/insurance market works.
New Bermuda reinsurer Itasca Re will offer insurance financing solutions to buyers and owners of commercial aircraft assets.
Two new cyber ILS deals launched in January this year are seen as a game-changer for cyber risk transfer market.