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Outrigger Re H1 combined ratio rises to 120% on LA fire losses
The sidecar took $19mn of cat losses relating to the California wildfires.
Opinion
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Featured
The new wave of casualty ILS is extending the playbook of major life SPVs
Investors are drawing lessons from life deals to find new routes into insurance markets.
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Analysis
Some $400mn of bonds priced in the past week, after a record-setting H1.
The recommended “AIF lite” structure could be suited to cat bond lites.
Weighted average multiples were down as sponsors capitalised on demand to push spreads lower.
Everest Re increased the targeted size of Kilimanjaro Re across all four classes of notes.
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