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In the US, pricing fell by 6.2% at the major renewal.
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The multi-day weather outbreak caused widespread damage from Texas to the Carolinas.
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The manager’s Interval Fund returned 28.25% over the financial year.
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Nicole Chase was central to the build-out of Mt Logan while at Everest.
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The largest non-US event in 2024 was the catastrophic flooding in Valencia.
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Cat bonds were a key supply-side driver at 1 January 2025.
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The broker anticipates strengthening investor demand for collateralised re.
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Over-subscriptions have been evident on well-priced US cat treaties.
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The Bermuda based entity is expected to continue on its “responsible growth trajectory”.
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The firm has commenced writing collateralised retro and reinsurance but its rated launch is still pending.
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First-time sponsor QBE secured $250mn of quake and storm coverage.
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The broker estimated ILS capital has reached $107bn.