ILS
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Lyon joins the reinsurance broker from law firm Skadden, Arps, Slate, Meagher & Flom. -
ILS offers efficient capital for underwriters, but casualty ILS transactions are complex.
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Property cat XoL rates were off by around 10% on average on a blended risk-adjusted basis.
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The Swiss pension fund has not disclosed an ILS allocation before.
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The pension plan has been allocating to ILS since 2005.
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Some assets in the Medici Fund were transferred to a new UCITS strategy.
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Berkshire Hathaway lost market share but remained the largest traditional reinsurer, our study shows.
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Fales will focus on creating investment opportunities for the carrier’s specialty reinsurance portfolios.
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The platform is based in Bermuda and will focus on strategic capital partnerships.
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Sources believe the market will grow gradually over years after its initial cluster of dealmaking.
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Investors want transparency from managers regarding the impacts of climate change.
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Commutations need to be optimal for the sponsor and the investor to avoid sponsors taking back chunky risks.
