-
There was a slight increase in DaVinci and Fontana from 31 December 2024 to 1 January 2025.
-
The firm ceded $417mn of premiums to the sidecar in 2024.
-
Wildfire is rarely singled out as an exposure that can shift portfolio outcomes.
-
The firm will match segregated accounts of portfolios to investor mandates.
-
The combined entity ranks third in the Insurance Insider ILS leaderboard.
-
The LA fires ‘demonstrate the magnitude of tail events not well captured in modelling’.
-
The carrier’s reinsurance premiums ceded rose by 32% to $3.4bn in 2024.
-
Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
-
The reinsurer has cut the cession rate to 33% from 40% last year.
-
Theokli joined the company in 2021 as a senior underwriter.
-
A negative January return will be unprecedented for ILS industry.
-
Company touts growing investor demand for Asian cat risks.