-
The carrier has priced the Class A tranche at 525 bps. -
The new facility is backed by Lloyd’s syndicates and London-based international insurers.
-
Severe convective storms were the biggest driver of last year’s losses.
-
He will oversee the syndicate’s catastrophe modelling capabilities.
-
The launch is Chaucer’s first foray into the class.
-
The rise comes as competition has increased for ILS between jurisdictions.
-
Bermuda liquidators had earlier objected to out-of-court agreements between parties.
-
Chris Parry said the denominator effect remains a suppressant on ILS inflows after a strong phase of returns.
-
The carrier also narrowed the pricing guidance for the two types of notes.
-
-
A diverse investor base is among market characteristics seen as important for growth.
-
Proceeds from the bond will be used to fund IBRD projects.
Most Recent
