-
The fund will offer additional spread versus other similarly rated corporate debt. -
The total yield is down 114bps from 9.94% compared to the final week of 2024.
-
The ILS manager now has 13 individual partners and one corporate partner.
-
There have been few retro exits despite softening amid cat bond competition.
-
Non-loss impacted major property program rates were down by up to 20% at the renewal period.
-
Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
-
The fund limits positions in aggregate structures exposed to secondary perils.
-
Cat bond market growth has exceeded broker-dealers' 2025 forecasts by some distance.
-
The facility provides solvency support via a fresh equity injection under various scenarios.
-
The Italian asset manager also plans to relaunch its multi-strategy ILS fund.
-
The industry has continued to build and innovate through a third strong year of performance.
-
The TPA approach to investing was adopted by US pension fund Calpers last month.
