-
The bond will provide protection against US wind with a PCS trigger. -
The sidecar was launched today by the Bermudian reinsurer and investment firm Carlyle.
-
The capital will provide retro cover for life-focused reinsurer Fortitude Re.
-
Majority shareholder Fosun will continue to hold the remaining 86.7% of shares.
-
Spreads on USAA’s latest deal priced below comparative issuances in 2023-2024.
-
Investor interest is warming up following a colder spell over the past several years.
-
EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors.
-
While rates have “definitely come down,” they were coming off a high base, Rachel Turk said.
-
Nine-month insured losses still exceeded $100bn due to California wildfires.
-
The award of the mandates marks the California public pension plan’s entry into ILS.
-
The reinsurer stressed it “did not shy” from cat business in 2023.
-
ILS has been a driver of innovation in reinsurance, Convergence 2025 attendees heard Wednesday.
-
Mory Katz joined the broker earlier this year.
-
The carrier will continue to write assumed retro in Bermuda.
-
Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
-
Ryan Saul will work at Ledger’s broker-dealer subsidiary Ledger Capital Markets.
-
The hire is the hedge fund manager’s third ILS appointment in the past year.
-
Key topics include private ILS growth prospects and the longevity of longtail interest.
-
Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
-
Returns from cat risk investments stood at 20.1% for the year to 30 June 2025.
-
A cat-focused vehicle is “the missing piece” of Hannover Re’s ILS offerings, said Silke Sehm.
-
The allocation is around 3% of the fund’s total assets.
-
The insurer of last resort currently has $2.15bn of cat bond protection on risk.
-
Toh joins from Nephila, where he spent the last decade, bringing expertise in ILS.
-
The alternative asset manager was founded in 2021 with offices in London, New York and Abu Dhabi.
-
Founder and CEO of Nascent Andre Perez will join Sephira’s board of directors.
-
Sources have said $1bn+ of fresh capital from the region is expected to be deployed in 2026.
-
Improved performance and growing investment returns played a role in the upgrade.
-
The executive has worked at Aon for almost two decades.
-
The figure comprises 5.48% of insurance discount margin and 3.96% of risk-free rate.
-
The facility will initially focus on US, Bermudian and European business.
-
Pricing has hit historically soft market lows, based on secondary market pricing.
-
The vehicle will now cover an E&S program jointly launched with Accredited.
-
Bellal Rahman joins from Catalina Life Re, where he was head of finance for two years.
-
The manager’s largest ILS holding is in the cat-bond-heavy High Yield fund.
-
Cat bonds have outpaced the returns on private strategies in the year to date.
-
Marlon Williams will focus on the placement of reinsurance and retro business.
-
The new Verisk SCS model is increasing expected losses on aggregate bonds.
-
The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
-
In the new role, Edward Johnson will be rejoining former Aon Securities colleague Chris Parry.
-
The Bermuda firm said HS Sawmill reflected its continued focus on life insurance.
-
Equivalent to a Category 5 hurricane, Ragasa is the world's strongest storm this year.
-
The ILS services specialist has worked in the ILS market in Bermuda for 10 years.
-
Charles Mixon joined the firm a year ago in a business development role.
-
Despite the formation of Gabrielle, there is "a very high probability" of a below-average season.
-
The resource was developed by leading ILS managers and investors.
-
Deals would need to be sized at $50mn plus for transfer to capital markets.
-
The economic loss from the event was around EUR7.6bn.
-
The Bermuda reinsurer has been active in ILS since launching in 2007.
-
Samild held multiple roles including head of alternatives at the Future Fund.
-
The CEA had $19.3bn of claim-paying capacity as of 31 July.
-
The ILS manager has $6.8bn in assets and will be led by MariaGiovanna Guatteri.
-
The sidecar will support five programs providing specialty frequency coverages.
-
Axa IM’s acquisition by BNP Paribas was confirmed in July this year.
-
Reinsurer executives during a Aon reinsurer panel stressed that the industry worked hard on setting the right structure.
-
ILS executives talked pricing, capacity and opportunities in casualty at an ILS roundtable in Monte Carlo.
-
The market has learned lessons from earlier soft market phases that it will apply now.
-
Losses were primarily driven by personal property lines.
-
Nick Fallon is the latest in a string of retro-broker moves in the market.
-
The deal is expected to result in $700mn in combined GWP in Florida upon completion.
-
Arch set up Bermuda investment manager Arch Fund Management in February.
-
The syndicate is targeting capital allocation for 1 January, the company confirmed.
-
Sources said that the carrier has held preliminary talks with private debt investors.
-
Scott Cobon's most recent title was MD, insurance management services.
-
Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
-
The figure comprises 6.07% of insurance discount margin and 4.15% of risk-free rate.
-
He added that Munich Re does not rely on retro or third-party.
-
Hannover Re Capital Partners is in talks with two investors for 1 January launch.
-
The leadership’s commentary spotlighted to value of ILS to the group.
-
The sponsor extended two notes issued in 2022.
-
Ryan Alternative Capital Re was launched in partnership with Axis Capital.
-
The volume of property cat aggregates placed grew 50% in 2025.
