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The recent ILS start-up was the only new mandate for 2022 after the Dutch firm had added two new mandates in 2021. -
The motion seeks discovery of information and documents about the structure and operation of White Rock’s cells.
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In a presentation before Florida lawmakers, Cerio noted recent success in Citizens’ efforts to move policyholders to private insurers and reduce risk exposure.
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The pricing settled at 925 basis points, which is towards the lower end of the initial guidance of 900-975 basis points.
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Mallen previously spent over 10 years at Chaucer, most recently as a US casualty reinsurance underwriter.
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The carrier reported an additional A$70mn reinsurance reinstatement because of higher claims.
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The fund is on course for its strongest year of returns since inception in 2014.
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Mark Shumway joins from Howden Capital Markets, where he has been managing director since 2020.
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The IOP will be integrated into the Open Protocol reporting template.
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Bernard Opoku will replace Jeff Sangster as CFO effective 1 October.
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Hannover Re’s Bermuda-based reinsurance transformer Kaith Re has issued a new $15mn private cat bond, a Bermuda Stock Exchange filing confirms.
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Losses from the Maui wildfire include a modest amount of reinsurance recoveries from the Per Risk reinsurance program, while losses from Hurricane Idalia were fully retained.
