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The Canadian pension plan put its Lloyd’s portfolio under review earlier this year. -
The raise includes minority investments from Nationwide, Enstar and others.
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The executive has worked for Hamilton for over a decade.
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Richard Pennay will become CEO of Aon Securities.
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The Risk International team will remain in its current location, under Jennifer Gallagher.
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Rising sea levels and ocean warming were likely factors in Helene’s strength.
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The figure does not include NFIP losses.
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Most of the estimated insured losses will be retained by insurers.
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The performance marked the best August for ILS since the index incepted in 2006.
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The loss estimate covers Czechia, Poland and Austria.
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Key floods this year outside of the US include the Rio Grande do Sul.
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The biggest limitation to growth is supply, given ILS capital “reticence” after the 2016-22 years.
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