-
The ILS allocator has invested in the asset class over 17 years.
-
The carriers were in arbitration with UnipolRe and Gen Re.
-
The newly launched Marco Re will be led by Mark Elliott as CEO.
-
The carrier booked a reserve charge of $392mn for casualty insurance.
-
The hire has 20 years’ experience in asset management and corporate finance.
-
The firm has integrated a trustee bank API into the RUDDR platform.
-
-
The reinsurer said retro pricing had ‘moved slightly in our favour’ at 1 January.
-
The figure represents a 26% increase on the previous estimate.
-
Most of the losses occurred in France, followed by the UK and Belgium.
-
The client lacked options in the conventional insurance market.
-
The final estimate is a 12% increase on an August tally of NZ$1.99bn.