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The MGA is seeking to double premium from $1.5bn over the next four to five years. -
The carrier’s P&C combined ratio benefited from low nat-cat losses in the quarter.
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The WR Berkley vehicle takes a 30% share of its reinsurance placements.
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The insurance conglomerate initially committed $50mn to Elementum funds.
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The grant has so far supported cat bond issuances Kite Re and Greater Bay Re.
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The reinsurer’s retro programme was renewed at a smaller size for 2023.
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Should reinsurers retain the option of playing in ILS, or take a ‘go hard or go home’ approach?
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This came as sidecar and fund assets reached $2.9bn, up 29% year-on-year.
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The philosophy of the Pioneer Cat Bond Fund is to avoid poor performers, not pick winners.
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Lancashire recorded a net loss from Hurricane Ian of $163.3mn during the year, at the lower end of its projected range.
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The reinsurer revealed it raised money in Mt Logan at the 1 January renewal.
