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The UK Local Government Pension Scheme (LGPS) has around £391bn in AuM. -
The firm recorded a 13.3% nat cat impact to the P&C combined ratio.
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Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.
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The sidecar was established to enhance RGA’s access to capital for its US asset intensive business.
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This publication revealed that Chris Schaper would move into the role on an interim basis in July.
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The capital being returned to shareholders is part of a compulsory partial redemption.
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Fema's traditional reinsurance programme will attach at losses of $7bn and above.
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The new funds will target the US wealth market through financial professionals.
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Tyler left Gallagher Re earlier this year.
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The reinsurer confirmed its intention to reduce the K-Cession sidecar for 2025.
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Cheaper traditional reinsurance as of mid-year may have dampened deal pipeline.
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The failure of a Jamaica bond to pay out following Hurricane Beryl damage has brought focus onto the deals.
