-
The index year-to-date loss was trimmed to 3.41% in October, from 4.28% in September.
-
The bond will provide coverage up to 2026, extendable to 2029.
-
Baltesar worked for Hiscox Re and ILS before joining Credit Suisse ILS in 2019.
-
Ludlow Re will grow “opportunistically” where there is confidence of producing attractive returns.
-
Some firms have fared better than others in the competition to raise funds during the year.
-
It is understood that Ascot will continue to write worldwide retro business.
-
The manager received a mandate from a new investor who had taken the call to come in ahead of Hurricane Ian.
-
The company said it expects portfolio positions to reflect the updated figures soon.
-
Transparency and alignment of interests are the keys to expanding casualty ILS.
-
The insurer also emphasized that it realised more than $300mn from selling two MGA operations.
-
AIG’s Q3 net cat losses of $600mn included $450mn from Hurricane Ian.
-
The ILS platform has dipped to $7.8bn in assets under management, as ILS revenues were down 44% after the sale of Velocity.