-
The number of cat bond lites issued so far this year now totals $113mn.
-
The most recent cat bond lite issued by Kaith Re brings the total of Seaside Re deals to $112mn, up from $97mn for last year.
-
The carrier lifted its retention on a A$475mn aggregate cover. -
The Pennsylvania start-up will manage the portfolio of a new liquid ILS fund offered by Rational Funds.
-
The ILS Interval Fund had suffered a 4.95 percent loss for the same reporting period last year.
-
The manager’s Interval fund scraped a profit for its fiscal year to 31 October, but has suffered deteriorating losses since.
-
The Bermuda Monetary Authority pegs the global pot of alternative reinsurance capital at $89bn.
-
The Californian earthquake deal brings the total cat bond lite issuance up to $974mn for 2018.
-
Renewals late last week added $110mn to the total.
-
Analysts welcome offer of redemption share class but say timeframe for realisation is unclear.
-
The organisation is considering a $10mn-$15mn ILS transaction covering volcano risk.
-
The reinsurer will write a line on any risk that Vermeer writes to ensure alignment of interest with PGGM.
