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This came as major losses ceded to retro partners reached EUR541mn. -
Legacy and bank financing offers have yet to take off as competitive concerns hold some deals back.
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The reinsurer joins a large panel of providers for the Dutch firm as it has been growing its third-party assets.
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Collateral negotiations are coming to the fore in retro renewals.
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The executive had been involved in capital raising for clients such as Fidelis and Lancashire.
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The Bermudian ILS platform returned to profit after a loss-making 2018.
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Youssef Sfaif has worked at the Dutch pension fund since 2017 and was most recently an associate director.
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The firm will consider writing more retro after raising $300mn new equity.
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The carrier "dusted off" its Purple pillared product and said renewing its cat bonds at lower attachment points helped shape its risk appetite.
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The Everest Re sidecar began 2020 with $819mn of assets under management.
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The Don Kramer-backed fund's Bermuda reinsurer Prospero Re has been given an A rating.
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The carrier contributed more than $100mn of the January intakes for its retro-focused Upsilon fund and the Medici cat bond fund.
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