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Mapfre Re CEO Miguel Rosa was “very satisfied” with the debut cat bond deal. -
Full year 2023 set the record to beat of $15.8bn in new issuance volume.
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The firm said it benefited from favourable retro market conditions.
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The Swiss-based team of Siglo has transferred to Cambridge Associates.
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The top quartile, which includes Nephila 2357, were set to shrink overall.
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The firm has added three new retro partners during 2024.
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Magnani has served for more than 14 years in ILS broking roles.
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The ILS manager will “pragmatically accept” a degree of credit risk in deals.
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Former ILS investors who left the space have looked again and re-allocated.
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It estimated insured losses from nat cats on track to exceed $135bn in 2024.
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CEO Jonathan Zaffino said he saw opportunities for expansion in casualty.
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Robert Salzmann has been with the Swiss Re insurer for a decade.
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