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The ILS platform of Everest Re is looking to optimize value for the group and investors. -
The company is focusing on non-catastrophe offerings, such as P&C.
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Brian Kirwan, Douglas Min and Omar Ali have been appointed as general managers of Europe, Korea and the UAE, respectively.
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Talks between the regulator and practitioners are ongoing, with the market picking out several key threads that could assist local transactions.
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TransRe cut its property book by more than 25% but replaced it with casualty growth.
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Combined with a challenging fundraising landscape that is likely to have led to investors cutting more deals, 2022 will be a year of fiscal pressure.
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The rating agency’s model update will increase focus on one-in-500-year PMLs
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Lancashire posted heavy losses in its Q4 result and said its ILS capital is down materially.
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The ILS vehicle delivered a loss of $3.9mn to the parent group.
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The exit of key Florida insurers could spur rate increases.
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The Cayman Islands reinsurer will source underwriting risk for a new feeder fund investing in non-cat securities.
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The carrier cut exposure to both earnings level and highly volatile cat events as it shed risk.
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