-
The capital will be deployed by Bermuda-based special purpose insurer Arachne. -
Rates are still materially higher than pre-pandemic and lower layers are holding firmer.
-
The pension fund’s ILS allocation as of the end of 2023 was CHF300.3mn ($356.8mn).
-
The firm said it expects Capital Partners to continue to grow.
-
Performance fees soared by 605% to $27.5mn from $3.9mn in Q1 2023.
-
Vincent Pomo spent more than 11 years at Everest Re in a variety of roles.
-
The firm expects pricing and terms and conditions to hold.
-
The awards event will be held on 27 June at The HAC, London.
-
The consortium will offer up to $50mn of per-program capacity.
-
The carrier has previously tapped capital markets with Cape Lookout Re transactions.
-
Aspen said reduced reinsurance appetite made it a good time to seek alternative capacity.
-
The carrier’s Armor Re deal upsized by 33%.
