Everest Re
-
The bond is split across Class A and Class B notes that have different levels of risk. -
Over Q1, the loss ratio improved by 34.6 points year on year to 43.7%.
-
Vincent Pomo spent more than 11 years at Everest Re in a variety of roles.
-
The firm expects pricing and terms and conditions to hold.
-
-
The vehicle’s loss ratio improved 66 percentage points YoY.
-
The carrier booked a reserve charge of $392mn for casualty insurance.
-
The claw-back is anticipated after PCS revised down its Ian loss estimate.
-
The sidecar’s loss ratio improved by 139 points to 35% in the latest quarter.
-
The company’s on-risk Kilimanjaro Re cat bond volumes have been gradually shrinking in the past year.
-
The firm had earlier noted that the cat bond coverage would kick in if the PCS industry loss number reached $48bn.
-
Early private deals have provided far more stability in this year’s renewal than last.
Most Recent
-
Allstate pegs October cat losses at $226mn post-tax
21 November 2024 -
Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM
20 November 2024 -
Rokstone partners with NormanMax to launch parametric product
20 November 2024 -
RenRe grows partner capital AuM to $7.72bn
19 November 2024