-
The carrier booked a reserve charge of $392mn for casualty insurance. -
The hire has 20 years’ experience in asset management and corporate finance.
-
The firm has integrated a trustee bank API into the RUDDR platform.
-
-
The reinsurer said retro pricing had ‘moved slightly in our favour’ at 1 January.
-
The figure represents a 26% increase on the previous estimate.
-
Most of the losses occurred in France, followed by the UK and Belgium.
-
The client lacked options in the conventional insurance market.
-
The final estimate is a 12% increase on an August tally of NZ$1.99bn.
-
CEO Booth said there is “continued interest” in the NA captive market.
-
The fund manager operations booked management fees of $31mn.
-
The deal is a large expansion on last year’s cat-bond coverage.
