Rokstone Underwriting has announced the launch of a new Property Treaty team that will focus primarily on traditional catastrophe reinsurance treaties, called Rokstone Re-Treaty.
The new unit was launched in early 2018 and is to be led by industry veteran Peter Mousley, formerly at CNA Hardy.
The unit will underwrite a range of traditional reinsurance business, including catastrophe excess of loss, pro rata, risk excess of loss, as well as industry loss warranty (ILW) business.
Rokstone Re-Treaty launches with a maximum line size of US $10 million, and is backed by Best Meridian International Insurance Company, who are A- Rated by A.M. Best.
According to an announcement on the launch, the new unit will have a focus on the U.S., Canada, the UK, Europe, the Caribbean and Japan, but will also consider other regions.
