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The Australian carrier is also drawing down on other aggregate covers.
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Cat bond returns were outpacing US high-yield debt as of 30 June 2020, the advisory firm said.
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Everest Re said it has written more retro and has enough firepower for market opportunities.
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The insurer had previously confirmed details of its $4.5bn treaty renewal.
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Among other roles, the industry veteran will advise agriculture insurance start-up Agritask.
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Possible Covid-19 losses may be slowing capital inflows to the ILS sector, CFO John Dacey has said.
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The carrier has reduced its frequency risk while lifting exposure to tail events.
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CEO Kevin O'Donnell also noted that RenRe had dropped one-third of its Florida clients.
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The reinsurer did not provide an updated Covid-19 loss estimate.
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Returns on the Aon ILS Index outpaced other major financial indices in the second quarter.
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The new issuances mean the 2020 Eclipse Re series now comprises $86.6mn of cover.
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The insurer also took a $400mn subrogation gain on wildfire losses.