-
ILS returns in 2023 sparked a flurry of enquiries from hedge funds. -
The partnership seeks to serve corporates with captives, Lloyd’s syndicates and ILS funds.
-
-
This is up from the recent increase to $1.2bn.
-
The estimate is up from A$1.4bn, published by Perils in February.
-
Reinsurers have a "strong desire" for growth, but not at the expense of underwriting.
-
The announcement confirms earlier reports from this publication.
-
Fee income was up by 30% year-over-year to $136mn in 2023.
-
The cover will be triggered on an indemnity, annual aggregate basis.
-
This came as the broker earmarked “material softening” of minimum traditional rates on line.
-
Proceeds from the sale will be used to fund sustainable development projects.
-
The carrier’s mega bond is seeking coverage for Texas named storm.
