Fidelis to take renewal rights as Novae exits US cat

Novae's entire US property cat treaty team will move to
Fidelis along with the renewal rights to the $50mn-premium book as
CEO Matthew Fosh continues to radically reshape the stuttering
London-listed insurer.
Novae had alreadystruck a deal earlier this year to cede a significant and
growing proportion of the book to Richard Brindle's Fidelis
following talks about a renewal rights deal.But The Insurance Insider understands
a decision has now been taken for the four-strong team, led by
Jonathan...