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Shiv Kumar will oversee the head of ILS origination at GC Securities, Cory Anger, and the firm’s global distribution leader Chi Hum.
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The Eclipse Re platform has issued its third cat bond lite, a three tranche $53.3mn deal.
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Unlike last month, where 13 funds reported negative results, April’s results were driven by a handful of funds.
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CEO of global P&C Victor Peignet praised the UK’s regulatory authorities for their "responsiveness" following the issuance of Scor's first UK cat bond.
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Colorado State University scientists have decreased their forecast for the upcoming hurricane season.
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The reinsurer is on track to close its new ILS issuance at $300mn.
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TigerRisk said that the platform could handle more customised ILS issuances as well as standardised transactions.
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The Texan state-backed insurer expanded its new cat bond as premiums fell below forecasts.
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The Trans-Tasman insurer is looking for a deal through the Eclipse Re issuance platform, this publication understands.
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Reports by analysts at Morgan Stanley and JMP forecast an "underwhelming" renewal.
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The Texas Windstorm Insurance Association has raised the target size of its latest issuance.
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This is the first cash commitment authorised by the emergency financing facility.