-
The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn. -
The deal priced below guidance for the Class A and Class B tranches.
-
The Integrity Re bond is structured into five tranches.
-
The deal has upsized by around 64% compared with the initial target.
-
Barthelemy Thomas joins from PartnerRe Capital Management in Zurich
-
The reinsurer added two new tranches to its 2025 issuance.
-
Peril- and geography-specific deals are being well received by investors.
-
A negative January return will be unprecedented for ILS industry.
-
The index delivered a total return of 1.29% for the month of December.
-
Standards and guidelines address institutional investors’ concerns over valuation risks.
-
The carrier has around $2.5bn-$4bn of reinsurance cover specifically for California risk.
-
The bond went on watch after Mercury said it would exceed its $150mn retention.
