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Ex-CCB employee charged with taking $470k crypto bribe linked to Vesttoo
The man is alleged to have conspired with others to falsify LOCs and collateral letters.
Opinion
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Is casualty ILS likely to catch on as cat ILS did?
ILS offers efficient capital for underwriters, but casualty ILS transactions are complex.
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Analysis
A total $225mn of fresh limit entered the market across two deals.
The deals covered Euro wind and Italy quake, Florida hurricane and a retro bond.
As with 2024, pricing pressure has been most acute on top layers.
One dollar-denominated deal has opted to hold collateral in EBRC notes.
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