ILS
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Returns were down on 2023, which benefited from favourable Ian loss development. -
Winning higher-fee private ILS mandates will strengthen firms’ negotiating positions.
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The firm predicts 2024 will be a record year for primary issuance.
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The proportion of total fund assets invested in non-life ILS held steady at 0.6%.
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The firms’ partnership preceded Japan's first ‘megaquake’ warning.
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The losses were not passed through to the firm’s ILS business.
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Sidecar vehicles are being tailored to match investors’ objectives.
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The deal takes year-to-date cat bond lite issuance to $367.6mn
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The carrier estimates the total industry loss for the Microsoft/CrowdStrike outage at around $1bn-$2bn.
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The CEO cited ‘no change’ in appetite from a shift in the capital mix.
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The executive explored ILS options as MD of hedge fund Horton Point post financial crisis.
