-
The managers of start-up ILS fund Lutece Re said they had raised a "significant amount" of committed capital to begin underwriting at the 1 January renewals
-
Markel Catco's October return was up 2.2 percent during the past month, according to a London Stock Exchange Listing.
-
Erik Manning's start-up ILS fund Lutèce Re has raised capital to begin underwriting retro business during the 1 January renewals, Trading Risk understands
-
Former Hiscox Re executive Michael Jedraszak and ex-RenaissanceRe portfolio manager Kai Morgenstern have co-founded a new business, Tangency Capital, together with Dominik Hagedorn
-
Four of the listed Florida insurers have ceded more than $1.2bn of third quarter catastrophe claims to their reinsurers, based on estimates from their quarterly disclosures
-
Investors waiting to move into the ILS sector could seize their chance in the post-loss environment, but speakers at this year's Trading Risk New York Rendez-Vous questioned whether the price reaction to 2017 catastrophes would be enough to draw in more opportunistic actors
-
There has been a mixed reaction to third quarter catastrophe losses from Korean investors who invested in ILS for the first time this year, an analyst from South Korea's leading securities firm told Trading Risk
-
Credit Suisse US plan; Catco to raise $250mn; BlackRock targets cat bonds
-
Returns from a group of cat bond funds tracked by Trading Risk produced an average 3.96 percent loss in the third quarter, plunging from the Q3 2016 figure of up 2.0 percent
-
The California wildfires have prompted write-downs to aggregate cat bonds covering USAA and Nationwide, although the former has revised down year-to-date catastrophe loss estimates that had suggested a payout under one of its Residential Re deals, Trading Risk understands
-
Brokers are pressuring ILS managers to stump up capital well ahead of the 1 January reinsurance renewal date following the string of third quarter catastrophe events, according to sources
-
The 2017 catastrophe events have highlighted the extent to which ILS managers are benefiting from industry loss warranty (ILW) hedging, but market sources have questioned where the losses will ultimately fall as more clarity is gained over HIM claims in months to come