Results
-
The ILS manager leaderboard demonstrates the ongoing popularity of cat bonds. -
The reinsurer raised $84.5mn of third-party capital in the quarter.
-
The carrier purchased an additional $150mn of cover.
-
Two-thirds of Guy Carpenter’s clients bought more coverage in H1.
-
The firm has observed a “more widespread investor base” in cat bonds.
-
The insurance sector’s RoE is expected to exceed 10% next year.
-
The negative L&H result was driven by reserve updates.
-
The negative L&H result was driven by reserve updates.
-
The manager’s ILS allocation has grown by 16% since 31 October 2023.
-
-
CFO Dacey said ILS investors were not extrapolating too much emphasis from strong returns in 2023.
-
P&C re and CorSo reported improved net profits and combined ratios for the quarter.
