-
The ILS industry offered 11 points of merit that justify cat bonds being eligible for UCITS funds. -
Kin’s reinsurance structuring means the bond’s losses will be kept to a minimum.
-
Most of the ILS capital was attracted to the cat bond market.
-
Demand for peak peril retro increased significantly in Q2 2024.
-
Cat bond funds continue to draw interest as private ILS more challenged.
-
The headline figure of $7.15bn includes $2.91bn of DaVinci equity plus debt.
-
The number of sponsors has risen from 46 about a year ago to 66 over the last 12 months.
-
The broker said it expects strong ILS capital inflows to continue.
-
The bond is offering a spread range of 950-1,050 basis points.
-
-
The US carrier abandoned the project due to high price expectations.
-
The Bermuda regulator is consulting on a refresh of its rules that will be in force as of 1 January 2025.
