-
The carrier surpassed the retention on its annual aggregate reinsurance cover for the year to March 31.
-
Insured losses were the second highest on record for the first quarter.
-
Fully placed, this would equate to $275mn on the per-occurrence tower and $675mn on agg.
-
Sykes has spent over 31 years with Aon, with the last 15 of those in Guernsey.
-
The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
-
The program will provide excess casualty coverage across a broad range of industries.
-
He joined what was then Credit Suisse ILS in 2019, moving from Hiscox Re & ILS.
-
The executive formerly served in senior leadership roles at Nomura, Credit Suisse and Goldman Sachs.
-
The Floridian company applied to be traded on the NYSE.
-
This is the first time the Texas Fair Plan has entered the cat bond market.
-
Fellow Swedish pension fund AP3 is phasing out its ILS allocation after being active in the sector since 2008.
-
The deal of the size was unchanged at $100mn.