-
The research body initially warned of an active storm season in April. -
Reinsurers are much better placed to absorb cat losses; insurers are carrying more risk.
-
The Florida portion of the program provides $1bn in protection.
-
The global services provider has grown through acquisitions in recent years.
-
Former Teneo M&A head Alexander Schnieders will lead the unit.
-
Sub-1% management fee and performance fee-only structures have evolved in ILS.
-
The ratings agency noted robust profit margins for reinsurers.
-
Europe has experienced an uptick of insured losses from severe weather.
-
The Italian hailstorm event in the summer 2023 saw estimated losses nearly triple.
-
The Icosa Cat Bond Strategy now stands at $130mn in AuM.
-
Tanja Wrosch joins Twelve after more than a decade at Credit Suisse ILS.
-
