-
The carrier’s estimated first event limit could increase 16%, to $1.35bn.
-
The (re)insurer used alternative capital in the reinsurance coverage.
-
Gallagher Re said rates had softened in 2025 versus the prior two years.
-
CEO Thierry Léger expects overall P&C pricing to be “stable” through 2025.
-
The deal will provide named Florida storm protection on an indemnity, per occurrence basis.
-
There’s not much supply in that marketplace, Papadopoulo said.
-
The carrier is offering shares priced at $29-$31.
-
The storm made landfall in Queensland, Australia at the beginning of March.
-
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.
-
The bond is being issued through Lloyd’s London Bridge 2 platform.
-
This will be Brit’s first cat bond issuance since its 2020 deal through Sussex Capital.