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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.
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Some $625mn of new issuance entered the market in the first week of March.
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There is the potential for cat bond H1 issuance to be a record breaking six months.
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The scope of QRT’s new ILS strategy will include cat bonds and private ILS.
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The executive spent a brief period at Wakam in a capital and reinsurance role.
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The fund is open to European and other global investors.
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The London D&F market will shoulder most of the losses.
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The bond will provide fire protection for MGA Bamboo’s California business.
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The role will focus on international treaty, specialty lines and strategic advisory.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The reinsurer pegged the market loss at $40bn.
