-
The insurer of last resort’s exposure was $696bn as of last September.
-
The bond will provide protection against US wind with a PCS trigger.
-
The cedant’s current deal is due to mature at the end of January 2026.
-
Spreads on USAA’s latest deal priced below comparative issuances in 2023-2024.
-
The executive is charged with defrauding investors out of nearly $500mn.
-
Nine-month insured losses still exceeded $100bn due to California wildfires.
-
ILS has been a driver of innovation in reinsurance, Convergence 2025 attendees heard Wednesday.
-
Mory Katz joined the broker earlier this year.
-
Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
-
The funds will combine credit and ILS holdings.
-
Ryan Saul will work at Ledger’s broker-dealer subsidiary Ledger Capital Markets.
-
Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
