-
The cat bond will initially cover named storms in Florida and South Carolina. -
The bond will provide protection against Louisiana named storm.
-
Fees on the GAM Star cat bond funds will drop in May in a recognition of fee competition in the market.
-
The asset manager has hired Rom Aviv as head of ILS.
-
Markets have taken a battering across the globe following the “Liberation Day” announcement.
-
The reinsurer said the probe concerns the alleged involvement of its former chairman.
-
Colorado State University is predicting 17 named storms, nine hurricanes and four major hurricanes.
-
Trouvaille II raised $580mn for 2025, compared to $325mn in 2024.
-
The sponsor secured $240mn of limit as the bond upsized by 20% on its initial target.
-
The insurance discount margin is now at a similar level to where it was in the final week of March 2022.
-
Most of the ILS investments were made via the cat bond heavy High Yield Fund.
-
Martin Bisping has moved to CRO and Bernard Bachmann was named CEO of SRILIM.
