-
Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.
-
Full year 2023 set the record to beat of $15.8bn in new issuance volume.
-
The carrier has used Lloyd’s London Bridge 2 structure for the launch.
-
The firm said it benefited from favourable retro market conditions.
-
The reinsurer said investors were interested in expanding after benefiting from good results.
-
The Swiss-based team of Siglo has transferred to Cambridge Associates.
-
The top quartile, which includes Nephila 2357, were set to shrink overall.
-
The firm has added three new retro partners during 2024.
-
The bond will provide multi-peril coverage in the US and District of Columbia.
-
The former co-head of ILS at Schroders left the bank last month.
-
The pricing multiple on the deal is 12.1x the sensitivity case expected loss.
-
The state insurer is budgeting for an extra 43% of overall coverage in 2025-26.