-
Lloyd’s CFO Burkhard Keese, speaking at Guy Carpenter’s Baden-Baden Symposium, said there are $500mn-$1bn of London Bridge deals in the pipeline. -
Cyber reinsurance has around $500mn of annual capacity currently supporting the space.
-
Fermat’s John Seo said the industry can “see the wall of money coming in, but it’s coming in slowly”.
-
The coverage is triggered on an ultimate net loss per-occurrence basis in France.
-
Farmers’ agents in Florida will be offered an appointment with Slide. Renewals issued by Slide will begin for February 2024 effective dates.
-
The pricing settled at 925 basis points, which is towards the lower end of the initial guidance of 900-975 basis points.
-
Lidia has now largely dissipated after making landfall in Mexico.
-
The fund is on course for its strongest year of returns since inception in 2014.
-
The cat bond will cover earthquake perils in California on an annual aggregate basis.
-
Hannover Re’s Bermuda-based reinsurance transformer Kaith Re has issued a new $15mn private cat bond, a Bermuda Stock Exchange filing confirms.
-
Hiscox and Aeolus are looking to capitalise on strong investor appetite for cat bonds this year with their respective fund launches.
-
Private ILS outperformed cat bonds in August, as hurricane season earnings began to kick up a gear.
