-
The firm launched last year with $50mn of capital from a pension plan investor. -
The carrier has made refinements to the vehicle’s portfolio mix and the structure mix, Liberty Mutual told Trading Risk.
-
The target size shrank from 2018 after the insurer revised the renewing portfolio, with the Bermuda-listed component dropping by $143mn.
-
The 2018 share class had been hit by a deteriorating prior year loss earlier in June.
-
The 2019-3 notes bring the total Alturas sidecar support for the year up to $230mn.
-
The InsurTech uses satellite imagery to provide underwriters with data on individual properties.
-
Swiss Re has increased the capacity of its Sector Re sidecar to $670mn, despite a tightening of the wider retro market.
-
The reinsurer has expanded its retro sidecar by more than a quarter from the previously estimated size of $531mn.
-
The deal valued BMS at £500mn and is expected to close in the third quarter.
-
The fund manager has previously raised capital via Bermuda share issuances under prior owners.
-
Three tranches of Home Re 2019 1 notes were listed on the Bermuda Stock Exchange (BSX).
-
The fund’s ordinary shares added 0.85 percent during the month.
