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Lucy Jones

Published by this author:

  • First quarter returns from a group of ILS funds tracked by Trading Risk have improved year on year as the market gained ground after last year's losses.
  • Scor Investment Partners' ILS assets under management reached $1.44bn at the end of February, putting it among the half dozen managers outside the industry's top 10 players with a scale of above $1bn.
  • Stone Ridge was a leading supporter of some of the new sidecar vehicles that emerged at January's renewal, including Sussex Capital and deals from MS Amlin and Chaucer.
  • US commercial property insurance rate increases are already showing signs of slowing in the face of a well-capitalised P&C industry buoyed by an appetite for alternative capital, according to Willis Towers Watson.
  • Everest Re said that rising losses from last year's Californian wildfires would result in a $100mn charge in its first quarter results.
  • City National Rochdale's select strategies ILW feeder fund posted a loss of 3.90 percent in its first six months of operation, according to a Securities and Exchange Commission filing, as it benefitted from a reduction to Hurricane Irma loss estimates.