Stocks
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The latest issuance brings Twelve Capital’s Dodeka issuance for this year up to $113.36mn.
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Juan Prado was previously a senior vice president at RenaissanceRe Ventures.
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Irish regulations required an early announcement from the firm that it had considered a deal. -
The offering will lower costs for clients, according to head of fixed income at the London Stock Exchange Darko Hajdukovic.
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A deal would take the combined entity to the top spot by (re)insurance broking business revenue.
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The latest issuance brings Twelve Capital’s Dodeka issuance for this year up to $95.4mn.
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Gross written premiums (GWP) was up by 31 percent for the fourth quarter and 48 percent for the calendar year compared with 2017.
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The Bermuda-based company's decision to recommend a runoff of the Catco Reinsurance Opportunities Fund was revealed yesterday.
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The total is up 11.5 percent on the $424.4mn Radnor Re 2018-1 series issued in 2018.
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After a consultation with shareholders, the board has decided to pursue “an orderly run-off”.
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The New York-based asset manager received an increased level of requests for redemptions from investors in its Reinsurance Risk Premium Interval Fund this quarter.
