Haven will shut down at the end of February three years after its launch.
The closure follows the UK Government’s decision to place England and the UK in a second national lockdown.
Charles Taylor expects the deal to strengthen its position in the US mutual management and public entity markets.
The new hire has worked in the Australian and New Zealand markets with large financial institutions and corporates.
The appointee will be responsible for underwriting activities across the credit and political risk insurance portfolio.
The new hire previously held positions at Guy Carpenter, JLT Re and HSBC.
The MGA has developed a ten-year structured reinsurance deal for Turkish insurer Koru Sigorta.
Phoenix 1 Re is the first ILS vehicle to be solely focused on Pan-Asian catastrophe risks.
He will lead Ascot’s strategy to create a tech centric and agile global organisation.
The insurer wants to shape its diversity, equity, and inclusion strategy for its global workforce.