-
The manager made limited reinvestments in sidecar vehicles within its Interval fund.
-
Bold Penguin has raised $32mn from a series B funding round.
-
A slew of new retro vehicles were mooted at the Monte Carlo Rendez-Vous and existing players are keen to expand. -
Sidecar renewals have already begun kicking into gear with new potential sponsors and buoyant demand expected.
-
At Munich Re's ILS roundtable in Monte Carlo, one of the speakers raised the concept of whether a "flight to quality" amongst ILS investors might be better labelled a "flight to alignment".
-
Markel and a new venture from ex RenRe exec Eklund are also tapping up investors.
-
Theo Butt moves up from his managing agency CEO role to take over from Martin Reith who has led the business for the past four years.
-
Every year, returning from the Monte Carlo Rendez-Vous is like emerging from a chrysalis – a draining process of freeing oneself from a tiny hive of frantic activity.
-
Participants predicted the rate pressure that has been centred on Japan and Florida would have a broader spill-over next year.
-
Richard Brindle also said the cat market is highly sensitive to an additional event, with widespread dislocation possible.
-
If reinsurance markets continue to be squeezed by higher retro rates, will this drive more fundamental repricing in underlying business?
-
The ILS fund manager has expanded its reach by teaming up with the Sydney-based capital advisory and fund placement firm.
