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The bond will provide protection against US wind with a PCS trigger. -
Majority shareholder Fosun will continue to hold the remaining 86.7% of shares.
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Investor interest is warming up following a colder spell over the past several years.
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EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors.
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The executive is charged with defrauding investors out of nearly $500mn.
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While rates have “definitely come down,” they were coming off a high base, Rachel Turk said.
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Nine-month insured losses still exceeded $100bn due to California wildfires.
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The reinsurer stressed it “did not shy” from cat business in 2023.
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ILS has been a driver of innovation in reinsurance, Convergence 2025 attendees heard Wednesday.
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The carrier will continue to write assumed retro in Bermuda.
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Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
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Ryan Saul will work at Ledger’s broker-dealer subsidiary Ledger Capital Markets.
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