-
The firm has rotated capital in sidecar Voussoir toward direct investor relationships. -
The NCIUA had initially sought $350mn of limit.
-
The state-backed carrier has $2.1bn of Alamo Re cat bond coverage.
-
UCITS fund diversification targets limit their capacity for US wind bonds.
-
Pricing fell by 13.5% on a weighted average basis across deals that updated last week.
-
Several Florida start-ups are poised to begin writing business this year.
-
Modest increases to reinsurance costs were partly offset by the Australia cyclone pool.
-
The estimate is net of its per-occurrence reinsurance program and gross of tax.
-
The aim is to capitalise on cat bond market’s robust growth and US peril concentration.
-
The loss aggregator has classified the fires as two separate events for reinsurance purposes.
-
New limit of $474mn entered the market across two deals.
-
The Class B segment of the bond has priced below initial guidance.
