-
The Swiss rail fund made a 2.4% loss within its ILS portfolio. -
Fontana investors will face a short lock-up period in the sidecar’s ramp-up phase, but thereafter there will be some “embedded liquidity.”
-
The new platform extends RenRe’s suite of ILS and reinsurance strategies.
-
The syndicate won new backers after Credit Suisse ILS significantly scaled down support.
-
The executive will oversee management liability, healthcare and casualty/specialty reinsurance.
-
Downgrades are expected to be announced next week for some Florida carriers that are “already winding down”.
-
The carrier has introduced a number of ESG-focused roles, which sees Cathal Carr, SVP, underwriting, appointed as global head of climate and sustainability strategy.
-
The firm has refreshed its management line-up and said it would develop new low-correlation products.
-
The firm’s goal is to raise its own capital and partner with others.
-
The agency highlighted potential aviation losses from the war ranging from $6bn to $15bn.
-
There is a tension between securing payback and negotiating higher retentions.
-
Most of the losses occurred in Germany, followed by the Benelux states, the UK and France.
