Martha Muir

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Allstate seeks $450mn in new Sanders Re cat bond

This is Allstate’s first entry to the cat bond market in 2022.

Martha Muir, 28 February 2022
Allstate records full $300mn loss on Sanders Re 2019

The firm’s 2020 edition cat bond has also lost $3.2mn.

Martha Muir, 28 February 2022
Universal 'not overly optimistic' about Florida reinsurance reform

In its earnings call, the firm said lower policies in force and higher premiums would increase the firm’s top line

Martha Muir, 25 February 2022
Universal cedes $131mn prior-year reserves in Q4; bulk to Cat Fund

The company deepened its overall net loss to $48.1mn, as it said non-cat losses and Hurricane Irma creep contributed to reserve deterioration.

Martha Muir, 25 February 2022
UPC cuts Q4 losses on higher ceded premiums

The firm said its results reflect its aim to return to profitability in 2022.

Martha Muir, 24 February 2022
Coca Cola’s ILS pension fund allocation falls by 9%

Coca Cola has downsized its ILS holdings almost every year since 2017.

Martha Muir, 23 February 2022