-
The bond will provide named storm and quake coverage. -
WTW sold Willis Re to Gallagher in 2021 for $3.5bn.
-
The 2025 target would be ~25% larger than the $3.56bn it placed for 2024.
-
CEO Jonathan Zaffino said he saw opportunities for expansion in casualty.
-
The facility will also provide a dividend to clients for the first time.
-
The $100mn note was unchanged in size.
-
Robert Salzmann has been with the Swiss Re insurer for a decade.
-
Fidelis is seeking more cat bond cover than it did almost a year ago.
-
The firm is understood to be reviewing contracts to bind coverage for 1 January.
-
Losses from Hurricane Milton are expected to affect only select junior structures.
-
The ruling indicated it was unlikely all claims would be dismissed, as defendants had requested.
-
The fund will invest in listed and private transactions.
