-
The ILS platform ceded around 40% of its total managed premiums of $1.8bn. -
Fourth quarter inflows also included $111mn for its retro platform Upsilon
-
The Medici cat bond fund experienced the largest growth in AuM.
-
Of the 18 top-tier ILS managers, 10 recorded growth, while eight were flat or down.
-
Phoenix Re renewal ‘shows commitment to doing Asia ILS, for Asia in Asia’, according to MS Amlin Asia Pacific CEO Will Ho.
-
The allocation last autumn amounted to around 1.4% of the investment manager’s total funds under management.
-
Leadenhall Capital Partners (LCP) has named Yuko Hoshino as senior managing director for Japan and Asia within its business development team.
-
Projected 2024 ILS returns remain historically high, but signs of increased appetite for top-layer cat risk and top-end retro raise questions over how long this will last.
-
The “convenience claims” route to payout will be limited to claims up to $200,000.
-
The year brought a degree of closure on the loss-hit years of 2017-2021, while the outlook remains changeable for ILS managers.
-
The executives will look to bring the company’s full suite of products to clients.
-
This latest funding round brings total committed capital for the collateralized reinsurer to $75mn.
