-
The company also expects the overall decrease in loss expenses due to the recent Florida legislation to be on the lower end of 25%-40%. -
The division is deploying its own capital to make up for the lack of wider reinsurance and ILS capacity.
-
Beazley executives spoke of further growth prospects in the class, after its results revealed a 79% combined ratio for its cyber division in 2022.
-
The MGA is seeking to double premium from $1.5bn over the next four to five years.
-
The transaction builds on a $1.15bn first-of-its-kind hybrid bank and ILS capital deal in April last year.
-
The carrier’s equivalent bond placed last March secured $550mn of limit.
-
The carrier becomes the first syndicate to use the new London Bridge structure.
-
Alun Thomas will report to Bermuda CEO Chris Bonard.
-
M&G investments has committed the capital through its Catalyst private assets strategy.
-
The WR Berkley vehicle takes a 30% share of its reinsurance placements.
-
The manager’s life & alternative credit segment invested in the reverse mortgage specialist.
-
The insurance conglomerate initially committed $50mn to Elementum funds.
