ILS
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The firm’s new name is inspired by 18th Century Swiss mathematician Leonard Euler. -
The performance marked the best August for ILS since the index incepted in 2006.
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The biggest limitation to growth is supply, given ILS capital “reticence” after the 2016-22 years.
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Maya Henry will be tasked with raising capital and managing clients in North America.
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The facility will provide reinsurance coverage over three underwriting years.
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The ETF format provides for publication of a daily NAV.
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The broker replaces Goldman Sachs on the business after the bank ceased offering ILS services.
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Chris Caponigro will be responsible for expanding Axa XL’s product offering and investor base.
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Brokers expect strong competition at remote risk layers at the 1 January renewal.
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A strong forward pipeline will require fast work by ILS investment houses.
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The deal freed up capital held against deals written in 2019 and 2020.
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The ILS industry offered 11 points of merit that justify cat bonds being eligible for UCITS funds.
