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A hurricane warning has been issued for the east coast of Florida. -
Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.
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The panelists discussed the ILS reset and the path to maintaining discipline in this sector.
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Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.
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The class of 2023-24 cat bond funds will grow existing investors and add new ones.
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The “exceptionally large and powerful” Category 4 storm made landfall in Florida last month.
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The Canadian pension plan put its Lloyd’s portfolio under review earlier this year.
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The raise includes minority investments from Nationwide, Enstar and others.
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Richard Pennay will become CEO of Aon Securities.
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The deal has reduced the carrier’s one-in-250-year cyber loss scenario from $651mn to $461mn.
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The strategy invests in subordinated bonds issued by European insurers.
