Stocks

Following Typhoon Odette in 2021, the Philippines received a $52.5mn payout, leaving $97.5mn for future storms.

With investor fundraising prospects challenged due to macro factors, there are questions over how much US demand growth the ILS market can absorb.

The Category 1 storm will likely cause “life-threatening flash and urban flooding” in eastern portions of the Dominican Republic through early Tuesday, according to the NHC.

The implications for the Abu Dhabi investor’s billion-dollar ILS portfolio are not yet known.

The HSCM co-founder said the cat reinsurance market was going through a profound shift that would open ILS opportunities for growth.

The broker found reinsurers’ underlying RoE had improved during the period but still fell short of the cost of capital.

ILS risk-sharing should stick to peak risks, the reinsurer argued.

Nat cat losses added 11.8 points to the combined ratio at 101.5% over five years on average, S&P has found.

The carrier said its commercial business gave the company a platform to build on.

Through a quota share deal, FlyWheel will enable investors to support Accelerant’s portfolio of low-limit, low volatility commercial SME primary risks.

Cyber risk ILS will grow slowly in the short-to-medium term, S&P Global Ratings has predicted.

The Sompo International company was placed into run-off in June 2019.