-
ILS as a percentage of the pension fund’s total assets grew to 1.5%. -
The largest individual net loss at EUR230mn was caused by Hurricane Milton.
-
The bond was trading at around 12.3c on the dollar in the secondary market last month.
-
Both carriers have extensive reinsurance coverage.
-
This year’s coverage will involve $2.94bn of new risk transfer.
-
The UK listed investment manager has almost doubled its ILS allocation since April last year.
-
The executive worked in investment banking before joining the reinsurance industry.
-
This came as the market’s underwriting profit dipped 10% for 2024.
-
Some $4.8bn of reinsurance and cat bond limit will come up for renewal in 2025.
-
Almost 300,000 people have been left without power from the storm.
-
Some $625mn of new issuance entered the market in the first week of March.
-
There is the potential for cat bond H1 issuance to be a record breaking six months.
