Platinum buys ILW protection

02 September 2010

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Fellow Bermudian Platinum Underwriters confirmed it bought a $65mn ILW in an earnings conference call, saying both hurricane forecasts and capital management reasons drove the purchase.

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Platinum buys ILW protection

Fuel a smarter strategy with our actionable market intelligence

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Platinum buys ILW protection

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM