-
The retro renewals are still in the calm-before-the storm phase but it seems that capacity limitations are set to open up more of a role for opportunistic players.
-
Pricing for the earthquake notes settled above the midpoints of the initial guidance.
-
The Galileo cat bond is the first to be launched by Axa XL since Axa bought XL Group in 2018. -
The class C notes are being offered with an initial guidance of 525-575 bps.
-
Pricing for both tranches of the deal stayed within the midpoint of the initial target range
-
Yen Chin, a director in RMS’s Singapore office, defended the quality of modelling in the region.
-
2019 year to date performance returned to positive territory for the Eurekahedge ILS Advisers index but the firm warned the next two months could be “challenging”.
-
It will be many months before the $11bn payout agreed between Pacific Gas and Electric Company (PG&E) filters through to the (re)insurance and ILS markets, with this lump sum likely to benefit some parties more than others.
-
A group of ILS funds tracked by Trading Risk produced more robust returns in Q3 compared to last year’s third quarter, despite Typhoon Faxai and Hurricane Dorian.
-
Retro fundraising hits the wall, with Eklund downing tools on start-up.
-
Wildfire recoveries benefitted DaVinci investors and RenRe's retro partners in Q3.
-
This came as the deal priced at the bottom of the initial range at 515 basis points (bps), according to sources.
