-
The carrier’s Q2 cat loss figure has now reached $1.07bn.
-
A total of $23.3mn is being held across bonds from 2017 and 2018.
-
The average ILS fund was down by 1.13% in May as measured by the Eurekahedge ILS Advisers Index. -
It is the second issuance of the year by the platform, taking its 2019 total to $50mn.
-
The reinsurer’s $150mn Atlas IX Capital 2015-1 cat bond has partially triggered following an accumulation of PCS losses, sources said.
-
The insurer’s chief regions and markets officer says cyber risk could be adapted to allay investor concerns about long-tail exposures.
-
The asset manager said it is the first cat bond fund to specify that it will pursue a responsible investment philosophy in its prospectus.
-
No target or timeline has been set for the World Bank transaction but work is underway, sources said.
-
The Lane Financial index has returned to levels not seen since 2012.
-
The UK state reinsurer completed the $50mn (£40mn) retro placement after the introduction of landmark legislation meant it could offer the cover for the first time.
-
The transaction, targeting up to $15mn, would use volcanic plume heights as a trigger.
-
In a pleasantly warm Zurich this week, I was discussing one of the city’s traditions – burning the giant figure of a snowman to herald the end of winter and coming spring.
