-
The figure represents a 26% increase on the previous estimate. -
Most of the losses occurred in France, followed by the UK and Belgium.
-
The final estimate is a 12% increase on an August tally of NZ$1.99bn.
-
The fund manager operations booked management fees of $31mn.
-
The Medici cat bond fund experienced the largest growth in AuM.
-
Investment firm Phoenix launched a private credit and lending platform for the mid-market.
-
CEO Trevor Carvey said 1 January 2024 renewals were more “orderly” than in 2023.
-
Phoenix Re renewal ‘shows commitment to doing Asia ILS, for Asia in Asia’, according to MS Amlin Asia Pacific CEO Will Ho.
-
The carrier said it expects to maintain combined ratio expectations as it takes a selective approach to casualty lines.
-
The sidecars segment has been attracting inflows after returns hit a high note in 2023.
-
As a result of mostly flooding, £467mn of losses occurred in the UK.
-
The sixth edition of the sidecar reflected alignment of interest with long-term partners, the reinsurer said.
