-
The broker-dealer said it would continue focusing on secondary trading activities.
-
The reinsurer raised $122mn in Q3, including $100mn for PGGM joint venture Vermeer and $22mn in its cat bond fund.
-
The company’s third-party assets dropped $178mn during Q3 to $4.2bn.
-
The committee will be chaired by Albourne Partners’ MD and Asia region head Debra Ng.
-
It’s the third year that the New Zealand sovereign wealth scheme has increased its holdings in ILS.
-
The executive added that while the Florida market has seen benefits from recent legislation, the major issue remaining is one-way attorney fees.
-
The carrier said it was “insulated from open market pricing dynamics” for its 2023-24 reinsurance.
-
The Floridian's loss ratio increased 42.8 points, reflecting $111mn of retained Hurricane Ian losses and a higher attritional initial accident year loss pick.
-
CEO Andrade said the hardening property cat market was a “tremendous opportunity” for the Bermudian.
-
The cover will be triggered by territory-weighted annual aggregate industry loss.
-
The Residential Re transaction is being offered with significantly higher spreads than a year ago in a sign of repricing benchmarks after Hurricane Ian.
-
For larger top-end ILW triggers, cedants may have to be pragmatic on rolling over capital.