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Swiss Re said it expected to take $350mn of losses from Australian cyclone Debbie, which it pegged as a $1.3bn industry loss.
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Storm Zeus is likely to cost insurers EUR192mn ($203.7mn) after striking France on 6 March and 7 March, according to initial reports from loss tracking agency Perils.
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Twelve Capital has temporarily stopped accepting new investments into the Twelve-Falcon Insurance-Linked Strategy Fund, according to its latest monthly report.
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PCS industry loss data was used on $0.9bn of cat bond issuances for the first quarter of 2017, making up a smaller proportion of the quarterly total year-on-year, as this year started off with fewer but larger deals being issued.
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Windstorm Egon, which struck parts of France and Germany in January, is now expected to cost insurers EUR234mn ($248mn), loss tracking agency Perils said.
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London market regulators are considering alterations to the draft London ILS framework, with final proposed regulations expected to be released before Easter, sources said
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Insured losses from Tropical Cyclone Debbie have now hit A$660mn ($495mn), the Insurance Council of Australia (ICA) said in a statement today.
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Nephila's Syndicate 2357 turned a $15.0mn profit in 2016, down 10 percent from $16.7mn in the prior year, as the Bermudian fund manager altered the business mix going into the syndicate portfolio.
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Swiss Re and Security First are set to close the latest First Coast Re cat bond for the Floridian insurer at a lower size of $175mn, according to sources.
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Pricing transparency in the ILS markets is deteriorating as the collateralised reinsurance market has ballooned, Lane Financial suggested in its latest annual ILS report
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Florida Citizens Property Insurance is targeting $250mn for a new Everglades Re II cat bond, according to sources
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Swiss Re has increased the sum it is seeking for the First Coast Re 2017-1 cat bond by 33 percent to $200mn as pricing on the deal dropped 8 percent, according to sources.
