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Cat bond funds continue to draw interest as private ILS more challenged. -
The headline figure of $7.15bn includes $2.91bn of DaVinci equity plus debt.
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Some Canadian cedants have approached the market for top-up cover.
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Guy Van Hecke has spent the last 26 years working at Axa, starting at Axa Corporate Solutions.
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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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Eight Floridians will take on personal residential multi-peril and wind-only policies.
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Growth was driven by increased earnings and capital inflows.
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The broker said it expects strong ILS capital inflows to continue.
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The bond is offering a spread range of 950-1,050 basis points.
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The US carrier abandoned the project due to high price expectations.
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Yen Chu Choo has been appointed Asia Pacific capital advisory head.
